strategy and game theory Econs

Consider the game tree in Figure 1 representing the sequential -move version of the Chicken game, where player 1 acts first, and observing its move player 2 responds. (a) Find the best responses of the second mover, for each of the first mover's actions. (b) Find the first mover's equilibrium action and describe the subgame perfect Nash equilibrium of the game. (c) Does the equilibrium behavior in the sequential-move game differ from its simultaneous- move version? Player 1 Straight Swerve Player 2 Player 2 Straight Straight Swerve Swerve W H NN oo HW Figure 1