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In the following game. player J. promises to pay 3 to player 2 if player 2 plays R. Player 1 4. - __.. Player 2

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In the following game. player \"J. promises to pay 3 to player 2 if player 2 plays R. Player 1 4. - __.." Player 2 Fla-Er 2 Player 1 Plaiier 1 {3, 5!) (1h, 1} 1 W L. i [R {0(6) (2.5} {5.4; [2.3) If the promise is credible. then the equilibrium is [:1- L_ R O L. R.L (:1 L. R. R C) R. R

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