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5. The following static game of complete information (Matching Pennies) has no pure-strategy Nash equilibrium but has one mixed-strategy Nash equilibrium: each player plays H

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5. The following static game of complete information (Matching Pennies) has no pure-strategy Nash equilibrium but has one mixed-strategy Nash equilibrium: each player plays H with probability 1/2. H T H 1, -1 -1, 1 T -1, 1 1, -1 Provide a pure-strategy Bayesian Nash equilibrium of a corresponding game of incomplete information such that as incomplete information disappears, the play- ers' behavior in the Bayesian Nash equilibrium approaches their behavior in the mixed-strategy Nash equilibrium in the original game of complete information. (Hint: Consider the "Battle of the sexes game" in the lecture notes.)

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