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1-A branch of mathematics that studies strategic interactions (meaning situations in which each actor knows that the benefits they receive depend on the actions taken
1-A branch of mathematics that studies strategic interactions (meaning situations in which each actor knows that the benefits they receive depend on the actions taken by all) is called:
A-econometrics
B-social interactions
C-game theory
2-Institutionsare the "rules of the game". Which are examples of formal institutions? Select all that apply.
A-property rights
B-corruption
C-labor laws
D-gender roles
3-Which are examples of informal institutions? Select all that apply.
A-contract enforcement
B-altruism
C-cooperation
D-laws
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