7. Consider the following extensive-form game with two players, 1 and 2. E U F (1,0) (5,2) 1 1 A B D E (4,1) F (2,2) (1,1) (a) Find the pure-strategy Nash equilibria of the game. (b) Find the pure-strategy subgame-perfect equilibria of the game. (c) Find the mixed-strategy subgame-perfect equilibrium of the game. (Hint: Find the mixed-strategy Nash equilibrium of the subgame. Given this is played in the subgame, which action is chosen initially? Hence construct the mixed-strategy subgame-perfect equilibrium.)

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Your Question:
7. Consider the following extensive-form game with two players, 1 and 2.
E
U
F
(1,0) (5,2)
1
1
A
B
D
E
(4,1)
F
(2,2) (1,1)
(a) Find the pure-strategy Nash equilibria of the game.
(b) Find the pure-strategy subgame-perfect equilibria of the game.
(c) Find the mixed-strategy subgame-perfect equilibrium of the game. (Hint:
Find the mixed-strategy Nash equilibrium of the subgame. Given this is
played in the subgame, which action is chosen initially? Hence construct
the mixed-strategy subgame-perfect equilibrium.)
Transcribed Image Text:7. Consider the following extensive-form game with two players, 1 and 2. E U F (1,0) (5,2) 1 1 A B D E (4,1) F (2,2) (1,1) (a) Find the pure-strategy Nash equilibria of the game. (b) Find the pure-strategy subgame-perfect equilibria of the game. (c) Find the mixed-strategy subgame-perfect equilibrium of the game. (Hint: Find the mixed-strategy Nash equilibrium of the subgame. Given this is played in the subgame, which action is chosen initially? Hence construct the mixed-strategy subgame-perfect equilibrium.)
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