Why is it necessary to have credible threats in the case of sequential move games?

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Economics

ISBN: 9781473768543

5th Edition

Authors: Gregory Mankiw, Mark P. Taylor

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Question Posted: Apr 25, 2024 01:01 AM

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Why is it necessary to have credible threats in the case of sequential move games?

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In sequential move games credible threats are necessary to influence the behavior of players and ach...View the full answer

Economics

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