Question: In the sequential games such as the sequential Battle of the Sexes, why does the Nash equilibrium allow for outcomes with non-credible threats? Why does
In the sequential games such as the sequential Battle of the Sexes, why does the Nash equilibrium allow for outcomes with non-credible threats? Why does subgame perfect equilibrium rule them out?
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Nash equilibrium is seen where the strategy of one player depends on strategy of other players In se... View full answer
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