Question: Consider the following sequential-move game: Player 1 Player 2 Player 3 4 4 4 Player 2 L Player 3 R L 4 3 4

Consider the following sequential-move game: Player 1 Player 2 Player 3 4 4 4 Player 2 L Player 3 R L 4 3 4 R

Consider the following sequential-move game: Player 1 Player 2 Player 3 4 4 4 Player 2 L Player 3 R L 4 3 4 R 20 Player 1 Player 3 R 2 S 5 L 3 4 4 R Player 3 20 Find the backward-induction equilibrium of this game. L 5550 5 5 2 5 2 Player 2 R 2 Player 3 R osn 0 5 5

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