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1. In the following twoperson simultaneous move games, state the Nash equilibrium in mixed strategies for both players. [Assume player 1 plays H with probability

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In the following twoperson simultaneous move games, state the Nash equilibrium in mixed strategies for both players. [Assume player 1 plays H with probability p and D with 1-p, while player 2 plays H with probability q and D with l-q.) Player 2 Player 1 Provide the precise condition on the discount factor, 9', under which cooperation can be supported in the infinitely repeated games with the following stage (one-shot) games. Assume that the players use grim-trigger strategies. Player 2 Player 1

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