In: Economics
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
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.