Answered: Exercise 3.1 List all the reduced pure…

Exercise 3.1 List all the reduced pure strategies, then reduce the tree to strategic form. START I b ㅍ II e 9 d e I (2, 0) (3, 0) h 2 h j k (1, 1) (0, 2) 1 (0, 2) (1, 1) (2,0) (1,1) (1, 1) (2, 0)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Exercise 3.1 List all the reduced pure strategies, then reduce the tree
to strategic form.
START
b
ㅍ
9
e
d
e
I
(2, 0)
(3, 0)
h
h
J
k
k
(1, 1)
(0, 2)
1 (0, 2)
(1, 1)
(2,0)
(1, 1)
(1, 1)
(2,0)

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