Question: Consider the simultaneous move game in Table 5. The payoffs satisfy a > b > 0. Table 5 Brad L R U a, a 0,

Consider the simultaneous move game in Table 5. The payoffs satisfy a > b > 0. Table 5 Brad L R U a, a 0, a+1 Leo D a+1, 0 b, b Suppose this game is played repeatedly for two stages. Both players know that the game will end in the second stage, they pursue only their self-interest, and they both discount the values of payoffs in stage 2 by 6, with 0 - 1 1+a-b
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