Question: Consider the following one - shot simultaneous - move game: L C R U ( ; 0 ) ( 0 ; 4 ) ( 0

Consider the following one-shot simultaneous-move game: L C R U (;0)(0;4)(0;5) M (2;0)(1;1)(0;0) D (0;0)(0;0)(3;3) a) Give all Nash equilibria in pure strategies. For parts b and c below, the game is played twice, with both players observing the outcome of the first periods play before playing the second period with common discount factor =1. For both parts, consider only pure strategies. b) Give a subgame-perfect Nash equilibrium in which (U, C) is played in the first period. c) For what values of does there exist a SP NE in which (M, L) is played in the first period? Give the SPNE.

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