Consider the following simultaneous move game where player 1 has two types. Player 2 does not know if he is playing with type a player 1 or type b player 1. Player 2 C D Player 1 A 12,9 3,6 B 6,0 6,9 C D A 0,9 3,6 B 6,0 6,9 Type a Player 1 Prob = 2/3 Type b Player 1 Prob = 1/3 Find the all the possible Bayesian Nash Equilibriums (BNE) of this game.
Consider the following simultaneous move game where player 1 has two types. Player 2 does not know if he is playing with type a player 1 or type b player 1. Player 2 C D Player 1 A 12,9 3,6 B 6,0 6,9 C D A 0,9 3,6 B 6,0 6,9 Type a Player 1 Prob = 2/3 Type b Player 1 Prob = 1/3 Find the all the possible Bayesian Nash Equilibriums (BNE) of this game.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Consider the following simultaneous move game where player 1 has two types. Player 2 does not know if he is
playing with type a player 1 or type b player 1.
Player 2
C D
Player 1 A 12,9 3,6
B 6,0 6,9
C D
A 0,9 3,6
B 6,0 6,9
Type a Player 1
Prob = 2/3
Type b Player 1
Prob = 1/3
Find the all the possible Bayesian Nash Equilibriums (BNE) of this game.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3f4426c8-03e6-4305-88ce-0f92803e7aa6%2F870a78d4-a1da-4c2c-8afd-ba2553e50a07%2Fj61sf1t.jpeg&w=3840&q=75)
Transcribed Image Text:Consider the following simultaneous move game where player 1 has two types. Player 2 does not know if he is
playing with type a player 1 or type b player 1.
Player 2
C D
Player 1 A 12,9 3,6
B 6,0 6,9
C D
A 0,9 3,6
B 6,0 6,9
Type a Player 1
Prob = 2/3
Type b Player 1
Prob = 1/3
Find the all the possible Bayesian Nash Equilibriums (BNE) of this game.
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