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wwwwwwwwww Consider a twoperiod repeated game with the following stage game. This stage game is played twice and the repeatedgame payoffs are simply the sum

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Consider a twoperiod repeated game with the following stage game. This stage game is played twice and the repeatedgame payoffs are simply the sum of the payoffs in each of the two periods. A strategy of each player is to choose one of 0,1), E in stage 1, and for each possible outcome of stage 1. choose one of C, D,E in stage 2. Show that, for each player. playing 0 in period 1 be sustained in a subgame perfect equilibrium of this game. [In your answer, provide the relevant SPE strategy profile and show that it is indeed a SPE.]

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