Question: 6. Pooling Perfect Bayesian Nash Equilibrium Consider the following dynamic signaling game that begins by nature drawing one of three types for Player 1 with

 6. Pooling Perfect Bayesian Nash Equilibrium Consider the following dynamic signaling

6. Pooling Perfect Bayesian Nash Equilibrium Consider the following dynamic signaling game that begins by nature drawing one of three types for Player 1 with equal probability. Player 1 knows their type, but Player 2 does not. Player 1's action space is {Left, Right}, and Player 2's action space is {Up, Down}. Specify the conditions under which a pooling perfect Bayesian equilibrium exists where all three Player 1 types play L. Player 2 Player 1 Player 2 1,1 0,1 L ti R (1/3) d !d P 1,0 2,1 0,0 1,1 0,0 7 t2 R L (1/3) P 1,0 0,0 10 L t3 R (1/3) d d 0,0 2,1 1,1

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