The General Message of the Folk Theorems Is

question 2

Multiple Choice

The general message of the folk theorems is:

• A)Nash equilibria may not be sustainable over many replications of a game.
• B)payoffs that are unambiguously preferred to Nash equilibria may be sustainable over many replications of a game.
• C)credible threats may inhibit the achievement of mutually beneficial outcomes over many replications of a game.
• D)just plain folk play the best games.

---

Definitions:

King of the French

The title used by the monarchs of France from the July Monarchy of 1830 until the beginning of the Second French Republic in 1848, emphasizing their role as the leader of the French people rather than the sole ruler of France.

Royal Title

A formal designation of honor, authority, or rank associated with a sovereign or member of a royal family.

National Assembly

The National Assembly is a term that typically refers to a legislature or the lower house of a bicameral legislature in various countries.