Question: Consider a two - player, sequential - move game where each player can choose to play right or left. Player 1 moves first. Player 2
Consider a twoplayer, sequentialmove game where each player can choose to play right or left. Player moves first. Player observes player s actual move and then decides to move right or left. If player moves right, player receives $ and player receives $ If both players move left, player receives $ and player receives $ If player moves left and player moves right, player receives $ and player receives $Hint: Before answering the questions below, write the above game in extensive form
a Find the Nash equilibrium outcomes to this game.
multiple choice
$ $ and $ $
$ $ and $ $
$ $ and $ $
b Which of the equilibrium outcomes is most reasonable?
multiple choice
$ $
$ $
$ $
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