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Problem 2 Consider the 16-times repeated version of the game described in Table 1 below: Table1: A B C Y 12, 4a +4 0,0 0,
Problem 2
Consider the 16-times repeated version of the game described in Table 1 below:
Table1:
A B C
Y 12, 4a +4 0,0 0, -2a
X 0,0 4, 2a 18, -2a
1. If a = -1, find all of the subgame perfect equilibrium of the repeated version of this game. Explain how you know you found them all. (please)
2. Would your answers be different if the game were repeated indefinitely?
Economics Game Theory class. thanks
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