Question: Please answer the question: Problem 2 (35 marks). Consider the following two person extensive form game. (1) What are the pure strategies of each player?
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Problem 2 (35 marks). Consider the following two person extensive form game. (1) What are the pure strategies of each player? Are any of these pure strategies equivalent, in the sense of Kuhn, to each other? If so, which? [2 Marks] (2) Give the associated normal form of this extensive form game. Use only one representative strategy for each class of Kuhnequivalent pure strategies [3 Marks] (3) What are the Nash equilibria of this game? [Hint: You might like to look at some problems involving normal form games where each player has three strategies] [10 Marks] (4) 0f the Nash equilibria which are subgame perfect? [10 Marks] (5) Explicitly describe one sequential equilibrium. [10 marks]
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