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A Game Theory Question. Detailed steps are required. 3. [10 points] Consider the following two-person extensive-form game: R1 player 1's payoff - 2 2 player

A Game Theory Question.

Detailed steps are required.

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3. [10 points] Consider the following two-person extensive-form game: R1 player 1's payoff - 2 2 player 2's payoff - 2 L2 R2 1 W W L3 C3 R3 H 4 HO (3.1) Find all the (pure-strategy) subgame-prefect Nash equilibria by backward induction. (3.2) Find all the pure-strategy Nash equilibria

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