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Type s Probability = N x a 9 2 Nature x y 2 2 1 Player 1 2 Player 2 1 3 3 2 Type t Probability = 2 2 1 ° 2 x 2 1 °

Type s Probability = N x a 9 2 Nature x y 2 2 1 Player 1 2 Player 2 1 3 3 2 Type t Probability = 2 2 1 ° 2 x 2 1 °

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Find a separating perfect Bayes–Nash equilibrium for the figure below.

Nature Турe s Probability = Туре t Probability = 1 2 2 2 Player 1 2 2 1 Player 2 1 2 1 1 1 2.
Transcribed Image Text:Nature Турe s Probability = Туре t Probability = 1 2 2 2 Player 1 2 2 1 Player 2 1 2 1 1 1 2.
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