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QUESTION 6 P1 gets $100 Up P2 gets $100 Up P1 gets $10 Down P2 gets $10 Up P1 gets $15 Down P2 gets $5

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QUESTION 6 P1 gets $100 Up P2 gets $100 Up P1 gets $10 Down P2 gets $10 Up P1 gets $15 Down P2 gets $5 P1 gets $110 Down P2 gets $10 Player 1 Player 2 In the game above, what is/are the EFFICIENT sub-game perfect Nash equilibrium? O (up,up) O (up, down) ( down, up) (down, down) No EFFICIENT equilibrium existsQUESTION 5 P1 gets $45 Up P2 gets $155 Up P1 gets $100 Down P2 gets $10 Up P1 gets $85 Down P2 gets $85 P1 gets $95 Down P2 gets $95 Player 1 Player 2 In the game above, what is/are the EFFICIENT sub-game perfect Nash equilibrium? O (up, up) O (up, down) ( down, up) (down, down) No EFFICIENT equilibrium exists

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