A game tree differs from a decision tree in that a) A game tree contains the...
A game tree differs from a decision tree in that
a) A game tree contains the payoffs of only the firm making the decision
b) A decision tree contains the payoffs of all players in the game.
c) A game tree contains the payoffs of all of the players in the game.
d) A game tree has more branches than a decision tree.
Homework Answers
Option C.
- A game tree differs from a decision tree as it contains the payoffs of all the players in the game.
- This tree in a game theory, provides all the required information regarding the player's, their payoffs and the various strategies undertaken by them.
- While the decision trees are those sub trees of the main game tree that represent the solution route traversed by the players in order to solve a problem.
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