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LJ Question 25 4 pts Consider the game below. Assuming X is positive, what is the payoff for Firm 1 in the maximin solution? Firm
LJ Question 25 4 pts Consider the game below. Assuming X is positive, what is the payoff for Firm 1 in the maximin solution? Firm 1 Firm 2 Question 26 4 pts Consider the following sequential game between two players. Player 1 moves rst; Player 2 moves second. The game begins with $1 sitting on a table. Player 1 can either take the $1 or wait. If Player 1 takes the money the game is over, and Player 1 gets to keep the $1 (Player 2 gets zero). If Player 1 waits, the $1 triples to $3. Now it is Player 2's turn. Player 2 can take the entire $3 or split the $3 evenly with Player 1. Then the game ends. It is played a single time. What is the payoff for Player 1 in the subgame-perfect Nash equilibrium
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