A Nash equilibrium is the set of strategies:
a. That provide the highest payoffs for both players
b. From which no player has a unilateral incentive to switch to some other strategy
c. That are Pareto optimal from the perspective of both players
d. That all people play in the real world
Ans: b
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Indicate whether the statement is true or false.
When e-mail fund-raising was newly introduced, one of the problems faced was that:
A. many people were not yet online. B. the lists of prospects needed to be carefully prepared. C. only Republicans benefited from it. D. the cost of e-mailing was very high. E. only conservatives benefited from it.