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If the payoffs of a game are the following: V DV V 3,3 -1,1 DV 1,-1 0,0 - a.Find the Nash equilibrium. b.Draw the normal

  1. If the payoffs of a game are the following:

V DV

V 3,3 -1,1

DV 1,-1 0,0 -

a.Find the Nash equilibrium.

b.Draw the normal form when player 1 moves first and find the NEs?

c.Draw the extensive form when player 1 moves first and FIND the SPNE?

d.Explain why it is SPNE?

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