just tell me true of false(if you can give me more detial is better! Answer the

Question

just tell me true of false(if you can give me more detial is better!

Answer the following as True, False, or Uncertain. To receive any credit, you must justify your answer.

Part a “Backward induction can be applied to solve any extensive game with perfect information”

Part b “Every NE of an extensive game is subgame perfect”

Part c “An extensive game with perfect information is always equivalent to an extensive game with imperfect information”

Part d “The subgame of an extensive game with perfect information is the same as a game with imperfect information”

Part e “If a stage game (i.e., a game played only once) has a unique Nash equilibrium, then its finitely repeated counterpart has also a unique subgame perfect Nash equilibium"

Explanation / Answer

Part a “Backward induction can be applied to solve any extensive game with perfect information” True, we can determine all SPNE and NE Part b “Every NE of an extensive game is subgame perfect” False, you can have a NE that is not a SPNE and vice versa Part c “An extensive game with perfect information is always equivalent to an extensive game with imperfect information” False, imperfect info game means the players do not know the other players move. Part d “The subgame of an extensive game with perfect information is the same as a game with imperfect information” False, for same reason as last answer Part e “If a stage game (i.e., a game played only once) has a unique Nash equilibrium, then its finitely repeated counterpart has also a unique subgame perfect Nash equilibium" True, this will alswys end up with the same NE

Related Questions

Navigate

• Browse (All)
• Browse J
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.