Question
In the following game, there are some PBE (Perfect Bayesian Equilibrium) in which Player A plays Away. In these PBE, Player B believes he is
In the following game, there are some PBE (Perfect Bayesian Equilibrium) in which Player A plays “Away”.
In these PBE, Player B believes he is at the node where A played “Down” with probability greater than or equal to P.
Please answer the Probability of P and that reason.
A Away 2, 5 Down Up 1, 2 2, 1 0, 3 3, 4 Right Right Left Left
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Econometric Analysis
Authors: William H. Greene
5th Edition
130661899, 978-0130661890
