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Find the pure-strategy Bayesian Nash equilibrium in the following static Bayesian game: Nature determines whether Game 1 or Game 2 is going to be played,
Find the pure-strategy Bayesian Nash equilibrium in the following static Bayesian game:
- Nature determines whether Game 1 or Game 2 is going to be played, with each game being equally likely;
- Player 1 learns whether nature has drawn Game 1 or Game 2, but player 2 does not;
- Player 1 chooses either T or B depending on what nature has drawn, and player 2 simultaneously chooses either L or R;
- Payoffs are given by the game drawn by nature (see the tables below).
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