(a) For the following extensive-form game: i. Identify the pure and mixed strategy Nash Equilibria. ii. Is the set of pure and mixed strategy Subgame Perfect Nash equilibria of the game different from the set of equilibria identified in part (a)? Explain (a couple of sentences should suffice). (3,1) D (-2,-2) 2 B (2,5) D (0,7)

Microeconomic Theory
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Chapter8: Game Theory
Section: Chapter Questions
Problem 8.9P
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FOOP
6.
(a) For the following extensive-form game:
i. Identify the pure and mixed strategy Nash Equilibria.
ii. Is the set of pure and mixed strategy Subgame Perfect Nash equilibria
of the game different from the set of equilibria identified in part (a)?
Explain (a couple of sentences should suffice).
(3,1)
A
D
B
C
(-2,-2) (2,5)
D
(0,7)
Transcribed Image Text:FOOP 6. (a) For the following extensive-form game: i. Identify the pure and mixed strategy Nash Equilibria. ii. Is the set of pure and mixed strategy Subgame Perfect Nash equilibria of the game different from the set of equilibria identified in part (a)? Explain (a couple of sentences should suffice). (3,1) A D B C (-2,-2) (2,5) D (0,7)
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