Question
Sequential Hotelling-Downs Game - Consider the two-party Hotelling-Downs game we discussed in class. Now suppose that the players pick their policy positions sequentially. Specifically, let
Sequential Hotelling-Downs Game - Consider the two-party Hotelling-Downs game we discussed in class. Now suppose that the players pick their policy positions sequentially. Specifically, let A chooses xA first and let B chooses xB after observing xA. Find all subgame perfect equilibria.
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Economics Today The Macro View
Authors: Roger LeRoy Miller
18th Edition
0133884872, 978-0133884876
