Question

hich of the following is true? multiple choice in a one-shot game, a collusive strategy always represents a nash equilibrium. each nash equilibrium is a subgame perfect equilibrium. a subgame perfect equilibrium occurs when each player is doing the best she(he) can regardless of what the other player is doing. every subgame perfect equilibrium is a nash equilibrium.

Answer 1

Each Nash equilibrium is a subgame perfect equilibrium.

What is meant by equilibrium?

Economic equilibrium is a state in which supply and demand, as well as other economic forces, are in balance and the values of economic variables do not change in the absence of external influences. When economic forces are in balance, there is said to be an economic equilibrium. In the absence of outside influences, economic variables essentially hold true to their equilibrium levels.

A player can obtain the desired outcome by sticking to their initial strategy, according to the Nash equilibrium, a decision-making theorem in game theory. Each player's approach in the Nash equilibrium is the best one given what the other players have decided. We look at each action profile separately in order to identify the Nash equilibria. By deciding to take an alternative course of action to her current one, neither player can increase her payout. The action profile in question is a Nash equilibrium.

Hence, Option C is correct.  Each Nash equilibrium is a subgame perfect equilibrium.

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Answer 2

Answer:

Each Nash equilibrium

What is the Nash equilibrium concept?

• Nash Equilibrium represents an action profile for all players in a game and is used to predict the outcome of their decision-making interaction.
• It models a steady state (i.e., a combination of strategies of all players) in which no player can benefit by unilaterally changing its strategy.

To learn more about each nash equilibrium, refer

to brainly.com/question/24448358

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