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True or False? Answers/explanations have to be at least half page long Consider a two person one-shot, simultaneous game. True or False: If a pair

True or False? Answers/explanations have to be at least half page long

  1. Consider a two person one-shot, simultaneous game.True or False:If a pair of strategies {x',y'} is a Nash equilibrium to a game, then this pair is also a dominant strategy equilibrium to the game.
  2. True or False:For the utility functionU(w) = ln(w), the coefficient of absolute risk aversion decreases as wealth increases.

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