Microeconomic Theory
Microeconomic Theory
12th Edition
ISBN: 9781337517942
Author: NICHOLSON
Publisher: Cengage
Question
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Chapter 8, Problem 8.3P

a

To determine

To find:

Extensive form of game.

b)

To determine

To ascertain:

Pure strategy Nash equilibrium.

c)

To determine

To find:

Mixed strategy Nash equilibrium, best- response function diagram.

d)

To determine

To know:

Normal and extensive form of sequential game.

e)

To determine

To find:

Normal form for the sequential version of the game.

f)

To determine

To ascertain:

Subgame- perfect equilibrium.

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