Question: fNow consider a sequential variant (with the same payoffs as those shown in the Strategic Form representation above) where player 2 plays (3 or 71.,

 \fNow consider a sequential variant (with the same payoffs as thoseshown in the Strategic Form representation above) where player 2 plays (3

\fNow consider a sequential variant (with the same payoffs as those shown in the Strategic Form representation above) where player 2 plays (3 or 71., followed by player 1 choosing c or n. NIT 3 Draw the game in extensive form and describe the set of strategies for each player. For each of player 1's strategies, describe player 2's belief (or feasible set of beliefs) a E [0, 1] about player 1's type at each of player 2's information sets. NIT 4 Write the set of best responses for each player. NIT 5 Identify the set of Bayesian Nash Equilibria in the sequential variant, for an arbitrary value of p. In what equilibria is player 1 able to identify player 2's type based on their action

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