1. In the following extensive-form game, derive the normal-form game, and find all the pure-strategy Nash equilibria, subgame-perfect equilibria, and perfect Bayesian equilibria. L' M' R' 1 R L M 2 P M' R' 1,3 1,2 4,0 4,0 0,2 3,3 2,4

subquestion d, e, f

Please answer this game theory question

Consider the following price game:                   Firm 1     Firm 2                   High         Low         High  20, 20       12, 24          Low  24, 12       14, 14 Remark: In simultaneous move games (games with rows and columns) theconvention is to write the row player’s payoff first and the column player’spayoff second. (a) What is the Nash equilibrium of this game? Recall that for each playeryou should find the best response to each of the opponents’ strategies andunderline the associated payoff. Then look for a cell where both strategiesare best responses to each other. This is a Nash equilibrium. (b) Does either firm have a dominate strategy (a strategy that is always abest response)?

What is the Nash Equilibrium in a game?A. A situation where all players cooperate for maximum gainB. A situation where no player can improve their outcome by changing their strategy unilaterallyC. A situation where players always choose the same strategyD. A situation where players randomly select strategies

hand written answer... asap

Analyze the following game where Ali is the row player and Ayşe is the column player. U D L R 4, 2 -1, 1 1, -12, 3 1. Find the set of pure strategy Nash equilibria. 2. Draw the game tree of the above-described simultaneous game. 3. Draw the game tree of the above-described simultaneous game as the row player is the first moving player. 4. Find the subgame perfect Nash equilibrium of this game. 5. For those equilibria that are not subgame-perfect, identify the reason (the source of the lack of credibility).

economics

not use ai please

NASH EQUILIBRIUM Consider the following game in strategic form. bị b2 a1 10,2 4,20 a2 6,28 9,14 аз 8,6 12,4 1-T-0 1-T The Equilibrium Existence Theorem guarantees that this game possesses at least one Nash equilibrium of the form (T*, o*,T*). Which values of a* are part of such an equilibrium? (Mark all values for which an associated equilibrium exists.) Select one or more: O 0.00 O 0.60 O 0.30 O 1.00 O 0.75 O 0.10 O 0.80 O 0.25