Economics (M.Phil./Ph.D.) 2022 Panjab University Entrance Exam With Answers

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4.

Under non-cooperative games, it is :

A: essential to understand one’s opponent’s point of view
B: not Essential to understand one’s opponent’s point of view
C: essential to understand one’s opponent’s point of view and to deduce the likely responses accordingly
D: essential to understand one’s opponent’s likely responses

The answer is: C