Question
Consider a game where the following game will be played twice (t=1,2). L C R U 4,6 2,2 6,4 M 1,1 8,8 1,1 D 6,4
Consider a game where the following game will be played twice (t=1,2).
| L | C | R | |
| U | 4,6 | 2,2 | 6,4 |
| M | 1,1 | 8,8 | 1,1 |
| D | 6,4 | 2,2 | 4,6 |
(1) Find at least four subgame perfect equilibria of the game.
(2) Find a Nash equilibrium of the game that is not subgame perfect equilibrium.
(3) Find a renegotiation proof equilibrium of the game.
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The Ethics Of The New Economy Restructuring And Beyond
Authors: Leo Groarke
1st Edition
1554586933, 9781554586936
