An Equilibrium in a Sequential Game Is Always a Nash

question 2

True/False

An equilibrium in a sequential game is always a Nash equilibrium in a simultaneous game with equivalent payoffs.

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Definitions:

Cognitive Ability

Cognitive ability is the capacity of the brain to process, reason, remember, and relate information.

Biased

Showing an unreasonable preference or prejudice for or against something.

Span Memory

Also known as memory span, it refers to the longest list of items (like digits, letters, or words) that a person can remember and repeat in correct order after one presentation.

Number Facility

The capability to easily understand numbers and perform mathematical operations.