Question: Consider the following one - shot simultaneous - move game: L C R U ( ; 0 ) ( 0 ; 4 ) ( 0
Consider the following oneshot simultaneousmove game: L C R U ;;; M ;;; D ;;; 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 For both parts, consider only pure strategies. b Give a subgameperfect 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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