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Consider the Same Setup with the Curved Final Exam as in the Previous

question 22

Multiple Choice

Consider the same setup with the curved final exam as in the previous question.Now suppose the students move sequentially.Which best describes the outcome in the subgame-perfect equilibrium?


Definitions:

Modest

Refers to behavior, manner, or appearance intended to avoid impropriety or indecency.

Describing Himself

The act of an individual articulately conveying aspects of their own character, personality, or abilities.

Networking

The act of interacting with others to exchange information and develop professional or social contacts.

Upward Social Comparisons

The process of comparing oneself with individuals perceived to be better off or superior, which can motivate self-improvement but also lead to feelings of inadequacy.

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