Question: Consider a static sequential move game where player 1 moves first, then player 2 . Player 1 gets to choose to move Up or Down.
Consider a static sequential move game where player moves first, then player Player gets to choose to move Up or Down. Player gets to move Left or Right. If player moves Up and player moves Left, payoffs are where is the playoff for player and is the payoff for player If player moves Up and player moves Right, payoffs are If player moves Down and player moves Left, payoffs are If player moves Down and player moves Right, payoffs are
A Formalize the game tree to this game.
B Determine the Subgame Perfect Nash Equilibrium SPNE
C Suppose now that player gets to move first. What is the SPNE? Does it differ from part B Why or why not?
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