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Explain clearly 3. [2 points] The following dynamic game of complete and perfect information, in which Player I's payoffs are always the ones one the

Explain clearly

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3. [2 points] The following dynamic game of complete and perfect information, in which Player I's payoffs are always the ones one the left, is composed of 4 proper subgames (excluding the whole game) and the backward-induction outcome is ((L, L"), L'). R 2 L' L R' 3, 1 0, 2 R" L" R" 1,1 0,5 5,0 3,3 A. True B. False

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