Question: Is the following statement correct, incorrect or imprecise? Write answer with an explanation. Give a correct version of the statement if possible. For any game
Is the following statement correct, incorrect or imprecise? Write answer with an explanation. Give a correct version of the statement if possible.
"For any game of perfect information, the set of subgame-perfect Nash equilibria coincides with the set of Nash equilibria that survive backward induction."
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