Question
In the game shown below, each player can mover either Up (U) or Down (D). Player 1 moves first, then Player 2, and Player 3
In the game shown below, each player can mover either Up (U) or Down (D). Player 1 moves first, then Player 2, and Player 3 moves last. The payoffs are shown in the order of P1, P2, P3. Please specify what each player will do (U or D) in the equilibrium outcome (final answer).
This question is worth 6 points and there are 3 correct answers. You should select ALL 3 answers if you know them but you can select only 1 or 2 answers if you are not sure of ALL of the correct answers. You receive 2 points for each correct answer but lose 2 points for an incorrect answer. You should choose ALL 3 of the correct answers if you know them but it is probably not a good idea to guess at an answer unless you are pretty sure. For example, if you select 2 correct answers and 1 incorrect answer you would receive 4?2 = 2 points for the question. You cannot receive less than 0 points on the question; for example if you select 1 correct answer and 2 incorrect answers you would receive 2?4=0 points for the question. A little game theory for the game theory questions.
Choose ALL of the correct answers. 2 points for a correct answer, ?2 points for an incorrect answer.
see attached photo:
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