3. For each of the following statements, say whether it is true or false, and explain your answer. (a) "A roll-back equilibrium is not a Nash equilibrium." (b) "If a simultaneous-move game has pure strategy equilibria, the game cannot have mixed strategy equilibria too." (c) "Players who have a strictly dominant pure strategy will never choose to play a mixed strategy."

3. For each of the following statements, say whether it is true or false, and explain your answer. (a) "A roll-back equilibrium is not a Nash equilibrium." (b) "If a simultaneous-move game has pure strategy equilibria, the game cannot have mixed strategy equilibria too." (c) "Players who have a strictly dominant pure strategy will never choose to play a mixed strategy."

Principles of Economics, 7th Edition (MindTap Course List)

7th Edition

ISBN:9781285165875

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter17: Oligopoly

Section: Chapter Questions

Problem 5QCMC

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