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Consider the following two games. Player 2 Player 2 Up Down Up Down Up 5, 5 0, 0 Up 5, 5 0, 6 Player 1
Consider the following two games. Player 2 Player 2 Up Down Up Down Up 5, 5 0, 0 Up 5, 5 0, 6 Player 1 Player 1 Down 0, 0 2, 2 Down 6, 0 2, 2 a) What is the set of mixed strategy Nash equilibria of the game in the left-hand side? (1 point) b) Name 3 SPNE of the first game repeated 10 times. Are there others? Explain (2 sentences). (1 point) c) Name 1 SPNE of the second game repeated 10 times. Are there others? Explain (2 sentences). (1 point)
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