ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
Which one of the following statements is correct?
1)A supergame must have a unique subgame perfect Nash equilibrium.
2)A supergame can only have finite number of subgame perfect Nash equilibrium points.
3)A supergame cannot have any subgame perfect Nash equilibrium
4)None of the above is correct.
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