In a Subgame-Perfect Equilibrium

question 244

Multiple Choice

In a subgame-perfect equilibrium

• A)the first mover has an advantage over other players.
• B)the last mover has an advantage over other players.
• C)each player's strategy constitutes a Nash equilibrium at every subgame of the original game.
• D)each player has the same response as the others at every subgame of the tree.

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