A Subgame-Perfect Equilibrium Is a Nash Equilibrium That

question 23

Multiple Choice

A subgame-perfect equilibrium is a Nash equilibrium that

• A)cannot persist through several periods.
• B)involves only credible threats.
• C)consists only of dominant strategies.
• D)is unique.

---

Definitions:

Theory Y

A management concept that assumes employees are inherently motivated, enjoy working, and will take responsibility and be creative if given the opportunity.

Employee Involvement

The practice of including employees in decision making, problem solving, and improvement activities, fostering a sense of ownership and satisfaction.

Performance Review

A formal assessment in which a manager evaluates an employee's work performance, identifies strengths and weaknesses, and discusses opportunities for improvement and growth.

Organizational Goals

The specific objectives that a company or organization aims to achieve, guiding its strategies, operations, and resource allocation.