equilibrium analysis Locate an equilibrlum in the following simultaneous move game, played between protagonists Row and Column.

left right up 60, 10 0, 12 down 40,-40 2, 2 Now assume the mIes of the game call for sequential play. Column plays first and Row sees Column' s choice before acting. Locate an equilibrlum. Contrast this equilibrium with that located in the simultaneous move game.

AppendixLO1