Question: Economics Game Theory Question-Answer Needed 3. (22 points) Find all weak sequential equilibria in pure strategies of the following game: 4. (24 points) Consider the

Economics Game Theory Question-Answer Needed

3. (22 points) Find all weak sequential equilibria in pure strategies of the following game: 4. (24 points) Consider the Prisoner's Dilemma game below: C D 0 5,5 0,6 D 6,0 1,1 (a) (b) Now assume the stage game is innitely repeated. Consider the strat egy (We could call it "delayed titfortat," or DTT) that plays C for the rst two periods and then plays whatever the other player played two periods ago. Create an automaton diagram depicting this strat egy. (c) Is there a discount factor 6 such that both players' playing DTT can be supported as a Nash equilibrium? ((1) Is there a discount factor 6 such that both players' playing DTT can be supported as a subgame perfect equilibrium

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