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.
Solution
5 (1 Ratings )
Related Answers