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1. Game tree (20 points) See the game tree in Figure 1. U' (0, 0) 2 U D' (4, 2) U' (3, 5) D 2

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1. Game tree (20 points) See the game tree in Figure 1. U' (0, 0) 2 U D' (4, 2) U' (3, 5) D 2 D' (5, 2) Figure 1 (a) Solve this game by backward induction. (b) Translate this game into strategic-form (normal-form) and draw the payoff matrix. (c) Find all Nash equilibria

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