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backwards induction? 2. Two players and two strategies: Expand and No Change 3. One game is simultaneous and the ether sequential. 4. Explain your solution

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backwards induction?

image text in transcribed 2. Two players and two strategies: Expand and No Change 3. One game is simultaneous and the ether sequential. 4. Explain your solution to the game. PLMEi-L % 13+?wa 1x20 CHmEiE

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