Question 26 Consider the following Extended Form Game: A (2,3) O (A,A),(A,B') O (B,B), (A',B') O (B,B), (A',A'). P1 O (B,A), (B¹,B') A' (5,5) A' B (3,8) A P2 B' P2 B' (1,9) What is the Subgame Perfect Nash Equilibrium? P1 B (9,1)

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter12: Probability
Section12.CR: Chapter 12 Review
Problem 92CR
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Question 26
Consider the following Extended Form Game:
A
(2,3)
O (A,A),(A,B')
O (B,B),(A,B')
O (B,B), (A',A').
P1
O (B,A), (B¹,B')
A'
(5,5)
A'
B
(3,8)
A
P2
B'
P2
B'
(1,9)
What is the Subgame Perfect Nash Equilibrium?
P1
B
(9,1)
Transcribed Image Text:Question 26 Consider the following Extended Form Game: A (2,3) O (A,A),(A,B') O (B,B),(A,B') O (B,B), (A',A'). P1 O (B,A), (B¹,B') A' (5,5) A' B (3,8) A P2 B' P2 B' (1,9) What is the Subgame Perfect Nash Equilibrium? P1 B (9,1)
Question 25
Consider the following Extended Form Game:
A
(2,3)
P1
A'
(5,5)
A'
(3,8)
B
A
O {(A,A),(A,B')), ((B,A), (B',B'))}
O {(A,A), (A',A')), ((A,B), (B¹,B'))}
O (((B,B), (A',A')), ((B,B), (A',B'))}
P2
O (((B,A), (A',A')), ((B,B), (B',B'))}
B'
What is the set of Nash Equilibria?
P2
B'
(1,9)
P1
B
(9,1)
Transcribed Image Text:Question 25 Consider the following Extended Form Game: A (2,3) P1 A' (5,5) A' (3,8) B A O {(A,A),(A,B')), ((B,A), (B',B'))} O {(A,A), (A',A')), ((A,B), (B¹,B'))} O (((B,B), (A',A')), ((B,B), (A',B'))} P2 O (((B,A), (A',A')), ((B,B), (B',B'))} B' What is the set of Nash Equilibria? P2 B' (1,9) P1 B (9,1)
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