Economics Question
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Consider the extensive-form game of Figure 1 (file attached).
A) Find the subgame-perfect Nash equilibrium by backward induction.
B) Write down the matrix for the strategic form of the game. Make player 1 the row player.
C) Find all Nash equilibria in pure strategies of the strategic form game.
12 years ago
Subgame-perfect Nash equilibrium
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- subgame-perfect_nash_equilibrium.doc