Consider the following two player extensive form game. X (2,5) (4,1) (3,5) (9.1) (3,0) a. Find...

 

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Consider the following two player extensive form game. X (2,5) (4,1) (3,5) (9.1) (3,0) a. Find the induced normal form of the given extensive form game using the pure strategies of the players. Find out all the possible Nash Equilibrium of this game. [6] b. From the Nash Equilibrium you are getting in part a., which one is subgame perfect Nash Equilibrium? Explain with appropriate reasons. [6] c. Explain why the NE in part b. is credible. (Use maximum 3 sentences) [3] Consider the following two player extensive form game. X (2,5) (4,1) (3,5) (9.1) (3,0) a. Find the induced normal form of the given extensive form game using the pure strategies of the players. Find out all the possible Nash Equilibrium of this game. [6] b. From the Nash Equilibrium you are getting in part a., which one is subgame perfect Nash Equilibrium? Explain with appropriate reasons. [6] c. Explain why the NE in part b. is credible. (Use maximum 3 sentences) [3]