Question
Now consider the following modifified version of the game you considered in question 1 above: Instead of the two players putting their coins down simultaneously,
Now consider the following modifified version of the game you
considered in question 1 above: Instead of the two players putting their coins
down simultaneously, player 1 now moves fifirst. Player 2 observes player 1's
move, and then puts down her coin.
Derive the extensive-form representation of this game. Then, identify each
player's strategies.
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Labor Economics
Authors: George J. Borjas
6th edition
73523208, 2900073523209 , 978-0073523200
