Consider the following extensive form game: X E 2 2,1) L R M (1,2) (3,1) (1,3) (1,3) (3,1) (a) Using backward induction, compute a subgame
Consider the following extensive form game: X E 2 2,1) L R M (1,2) (3,1) (1,3) (1,3) (3,1) (a) Using backward induction, compute a subgame perfect Nash equilibrium of this game. (b) Find the normal form of representation of this game. (c) Find all pure strategy Nash equilibria
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