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Question : The correct statements [mark all that apply]
: 5492

The correct statements are [mark all that apply]

A. The concept of best response strategy played in equilibrium by all players and no unilateral deviation are applicable for Bayesian games.

B. A game, where there are one firm 1 and two types of firms 2 (strong or weak) but firm 1 knows that firm 2 is strong with probability 0.7, can be described as a game of incomplete information.

C. A Bayesian Nash equilibrium is totally different from a Nash equilibrium in Bayesian games.

D. To be uncertain about others players payoff functions is equivalent to saying that player i may be uncertain about the types of the other players.

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Solution
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