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From the below information, assume Player 2 does not observe Player 1's type or their action. Nature chooses each subgame with an equal probability. Draw
From the below information, assume Player 2 does not observe Player 1's type or their action. Nature chooses each subgame with an equal probability. Draw the extensive-form representation of the game and construct the Bayesian normal form representation. Find the Bayesian Nash Equilibrium.
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