Microeconomic Theory
Microeconomic Theory
12th Edition
ISBN: 9781337517942
Author: NICHOLSON
Publisher: Cengage
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UofC
Aggressive
Restrained
Aggressive
18, 26
29,47
MRU
Restrained
45, 59
32, 23
Consider the case of a Sequential-Move game. Uofc moves First
Part 1. Is UofC 's sub-game Perfect Nash Equilibrium strategy Aggressive or Restrained? (Answer 1 for aggressive
and 2 for Restrained) 1
Part 2. Is MRU's sub-game Perfect Nash Equilibrium strategy Aggressive or Restrained? (Answer 1 for aggressive
and 2 for Restrained) Number:
Part 3. How much profit does UofC make under the Sub-game perfect Nash-Equilibrium? Number
Part 4. How much profit does MRU make under the Sub-game perfect Nash-Equilibrium? Number
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Transcribed Image Text:UofC Aggressive Restrained Aggressive 18, 26 29,47 MRU Restrained 45, 59 32, 23 Consider the case of a Sequential-Move game. Uofc moves First Part 1. Is UofC 's sub-game Perfect Nash Equilibrium strategy Aggressive or Restrained? (Answer 1 for aggressive and 2 for Restrained) 1 Part 2. Is MRU's sub-game Perfect Nash Equilibrium strategy Aggressive or Restrained? (Answer 1 for aggressive and 2 for Restrained) Number: Part 3. How much profit does UofC make under the Sub-game perfect Nash-Equilibrium? Number Part 4. How much profit does MRU make under the Sub-game perfect Nash-Equilibrium? Number
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