Answer to Question #118207 in Microeconomics for bunty

Question #118207
A subgame-perfect equilibrium:
Select one:
a. is not a Nash equilibrium; it is a refinement of Nash equilibrium.
b. is an equilibrium concept used in simultaneous games.
c. is a special sort of Nash equilibrium.
d. can be ruled out using backward induction.
1
Expert's answer
2020-05-26T10:47:14-0400

a. is not a Nash equilibrium; it is a refinement of Nash equilibrium. 


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS