14, 22, and the payoffs for 1U, F2 changed to (0, 3) (with the other two payoff...
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14, 22, and the payoffs for 1U, F2 changed to (0, 3) (with the other two payoff pairs remaining the same). Assuming again that the incumbent fully observes both whether he is being challenged and whether the challenger is prepared, what is the subgame perfect equilibrium?
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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