Question

In: Economics

In one-shot games, each player knows much about the others; for example, their capabilities and priorities;...

In one-shot games, each player knows much about the others; for example, their capabilities and priorities; whether they are good at calculating their best strategies or have any weaknesses that one can exploit, and so on.

True

False

Solutions

Expert Solution

Correct Answer:

False

Explanation:

When there is a one shot game, then players or participants of the game, do not know much about each others. So, secrecy maintained by the players, is an important aspect of the game.

Hence, the correct answer is false.


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