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Question 8: Consider the following two-player game: X Y A 33 04 B 00 12 (a)What are the rationalizable strategies? (b)Suppose that instead of moving

Question 8:

Consider the following two-player game:

X Y

A 33 04

B 00 12

(a)What are the rationalizable strategies?

(b)Suppose that instead of moving simultaneously, player 1 chooses A or B first, player 2 observes this choice, and then chooses X or Z. Represent this new game in normal form. What are the rationalizable strategies in this game?

(c)Suppose that instead of moving simultaneously, player 2 chooses X or Z, player 2 observes this choice, and then player 1 chooses A or B. Represent this new game in normal form. What are the rationalizable strategies in this game?

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