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Question 5. Consider the following game in which P1 is uncertain of the value of 9. Assume that both players are Bayesian. L R T
Question 5. Consider the following game in which P1 is uncertain of the value of 9. Assume that both players are Bayesian. L R T 3,1 0,1-9 B_n,11,1-9_ Figure 3. a is some lmrameter. a) If Pl's prior is that 9>1 with probability one, there is a unique Bayesian equilibrium in which P1 chooses B. b) If Pl's prior is that 3>U with probability p and that 9
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