old midterm 2 partial answers

old midterm 2 partial answers - 1(p/b/s,r 2(np/s,c(np/b,c...

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1. F 2. F 3. T 4. F 5. F 6. T 7. F 8. F 9. T 10. F 1. NE allows non-credible threats 2. player 1 stops, people usually continue, the problem is that people don’t reason with backward induction for more than two or three steps in the future
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Unformatted text preview: 1. (p/b/s,r) 2. (np/s,c) (np/b,c), communication cannot change outcome because clown is dominant, bob would pay 3 dollars...
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This note was uploaded on 02/24/2011 for the course ECO 4400 taught by Professor Lightle during the Fall '10 term at FSU.

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