Question: 1. What tool do we need to show a static game in extensive-form representation? 2. What is the key to showing a dynamic game in
1. What tool do we need to show a static game in extensive-form representation?
2. What is the key to showing a dynamic game in normal-form representation?
Questions pertain to game theory
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1 To represent a static game in extensiveform you primarily need a game tree diagram This diagram visually displays the sequence of moves or decisions ... View full answer
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