A Sub-Game Perfect Nash Equilibrium Is Defined as

question 52

Multiple Choice

A sub-game perfect Nash equilibrium is defined as

• A) a set of strategies that are a Nash equilibrium in every subgame of a static game.
• B) a set of strategies that are a Nash equilibrium in every subgame of a dynamic game.
• C) a set of strategies that are a Nash equilibrium in a single subgame of a dynamic game.
• D) the game within the game.

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Definitions:

Establishment Clause

Refers to the part of the First Amendment of the U.S. Constitution that prohibits the government from establishing an official religion or favoring one religion over others.

Equal Protection

The constitutional guarantee that no person or group will be denied the same protection of the laws that is enjoyed by similar persons or groups.

Imminent Lawless Action

A legal standard for limiting free speech established by the U.S. Supreme Court, intended to prevent advocacy of illegal action if imminent.

Prior Restraint

Censorship imposed, usually by a government, to prohibit expression or publication before the material is actually communicated.