Question: Indicate for each sentence whether it is true or false. Mark true with a T and false with a F. For each sentence, write a
Indicate for each sentence whether it is true or false. Mark true with a T and false with a F. For each sentence, write a few words of justification.
Consider the game reported on the right (Game 1). a. There are two pure Nash equilibria. b. Only one Nash equilibrium is Pareto-efficient. c. Players agree on which equilibrium to coordinate, and then this is a game of strategic substitutes. d. This is a game of strategic complements, as players preferences on equilibrium outcomes are aligned. e. One player has a dominant strategy.

Game 1
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