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Consider the following extensive form game: 4,2 A Player 1 Y C B Player 2 Player 1 X D 3,1 0,0 0,2 3,1 (1)
Consider the following extensive form game: 4,2 A Player 1 Y C B Player 2 Player 1 X D 3,1 0,0 0,2 3,1 (1) Write down the strategies of both the players involved in the game and explain how you find these strategies. (10 marks) (2) Find the unique subgame perfect Nash equilibrium. (15 marks)
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
538453257, 978-0538453257
