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Using the information below, select the Nash Equilibrium An investor and a manager are attempting to buy, and sell, respectively, some securities. The investor is

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Using the information below, select the Nash Equilibrium An investor and a manager are attempting to buy, and sell, respectively, some securities. The investor is concerned about the information advantage that the manager has. The investor has two options: buy or refuse to buy. The manager has two options as well: be honest and provide the inside information or be opportunistic and not provide the information. The following table shows each party's respective pay-offs for each action. The shaded payoff numbers represent the investor's payoffs and the unshaded numbers are the manager's payoffs. The higher the number the better. Honest (H) Opportunistic (0) nun Buv (Bl Refuse to Buy (R) 0 3H 0 RH C) 3,0 0 R9

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