Consider the above extensive-form game. If player 1 chooses U, player 2 will choose____. If player 1 chooses D, player 2 will choose _____. Based on this, player 1 should choose to play ____.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Consider the above extensive-form game. If player 1 chooses U, player 2 will choose____. If player 1 chooses D, player 2 will choose _____. Based on this, player 1 should choose to play ____.

 
1
U
D
2
2
U'
D'
U'
D'
(0, 0)
(2,1)
(1,2)
(3,1)
Transcribed Image Text:1 U D 2 2 U' D' U' D' (0, 0) (2,1) (1,2) (3,1)
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