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1. Consider the game in which the following stage game is repeated twice: L M R A 2,2 0,0 4,0 B 0,0 1,1 4,0 C
1. Consider the game in which the following stage game is repeated twice: L M R A 2,2 0,0 4,0 B 0,0 1,1 4,0 C 0,4 0,4 3,3 For each of the strategy profile for the stage game below, check if there is a subgame-perfect equilibrium in which players play that profile in the first round. (If the answer is Yes, construct such a subgame perfect equilibrium (SPE); otherwise explain why it is not possible.) [40pts] (a) (C,L) (b) (C,M) (c) (C,R) (d) (B,L)
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