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7:34PM Wed Apr 10 & moodle.concordia.ca 3. Consider the following game. (35 pts) Player 2 l r Player 1 t 4,3 1,2 b 2,1 34

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7:34PM Wed Apr 10 & moodle.concordia.ca 3. Consider the following game. (35 pts) Player 2 l r Player 1 t 4,3 1,2 b 2,1 34 a) Solve for all of the pure and mixed strategy equilibria for this game if the players choose strategies simultaneously. b) Now suppose that player 2 moves first and player 1 moves second. Show the game information in an extensive form. What is the pure strategy Nash equilibrium in this case. } Would player 1 prefer the mixed strategy equilibrium in a) or the sequential move equilibrium in b)? Why? RN G

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