A coordination problem arises whenever there:

A. are multiple Nash equilibria.
B. is a unique Nash equilibrium but it is not very desirable.
C. are no dominant strategies for both players.
D. is no Nash equilibrium in a game.

Answer: A

Economics

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In the long run, which of the following will occur if the U.S. federal government eliminates restrictions on migration of Mexican workers to the United States?

a. The United States' total K/L ratio will rise. b. Mexico's total K/L ratio will fall. c. Wages of American workers who compete with Mexican workers for jobs will rise. d. The returns to U.S. owners of capital will remain unchanged.

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Which defense mechanism occurs when someone transfers their thoughts and feelings onto others?

a. denial b. suppression c. reaction formation d. projection

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