Question: GAME THEORY HOME WORK Problem 6 (Signaling Games, 3 points) Consider the extensive-form game I given below: (2,3) T I 2x (0,4) M (-1,0) B

GAME THEORY HOME WORK

GAME THEORY HOME WORK Problem 6 (Signaling Games, 3 points) Consider the

Problem 6 (Signaling Games, 3 points) Consider the extensive-form game I given below: (2,3) T I 2x (0,4) M (-1,0) B H (1/2) (-2, 1) Nature L (1/2) (-1,0) I (0,4) M (-1,3) 2y B (2,1) (a) Find all sequential equilibria of I. (b) Determine which equilibria satisfy the Cho-Kreps criterion. Problem 6 (Signaling Games, 3 points) Consider the extensive-form game I given below: (2,3) T I 2x (0,4) M (-1,0) B H (1/2) (-2, 1) Nature L (1/2) (-1,0) I (0,4) M (-1,3) 2y B (2,1) (a) Find all sequential equilibria of I. (b) Determine which equilibria satisfy the Cho-Kreps criterion

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