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Consider the game represented by the following payoff matrix: A B b -4,2 2,-4-3,-3 a 0,0 2. Define a subgame perfect Nash equilibrium of
Consider the game represented by the following payoff matrix: A B b -4,2 2,-4-3,-3 a 0,0 2. Define a subgame perfect Nash equilibrium of a dynamic game with com- plete information. If the above static game is repeated T < x (i.e., finite) times without discounting of payoffs, what will be its subgame perfect Nash equilibrium?
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Systems analysis and design in a changing world
Authors: John W. Satzinger, Robert B. Jackson, Stephen D. Burd
5th edition
9780324593778, 1423902289, 9781305117204, 324593775, 978-1423902287
