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QUESTION 1 P1 gets $45 Up P2 gets $150 Up P1 gets $100 Down P2 gets $100 Up P1 gets $95 Down P2 gets $95

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QUESTION 1 P1 gets $45 Up P2 gets $150 Up P1 gets $100 Down P2 gets $100 Up P1 gets $95 Down P2 gets $95 P1 gets $15 Down P2 gets $25 Player 1 Player 2 In the game above, what is/are the sub-game perfect Nash equilibrium? O (up,up) (up, down) (down, up) ( down, down) No equilibrium existsQUESTION 2 P1 gets $100 Up P2 gets $100 Up P1 gets $10 Down P2 gets $110 Up P1 gets $15 Down P2 gets $15 P1 gets $65 Down P2 gets $10 Player 1 Player 2 In the game above, what is/are the sub-game perfect Nash equilibrium? O (up, up) O (up, down) (down, up) (down, down) No equilibrium exists

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