Question: please help with this question, thanks 4. Consider the game below1 which is innitely repeated. Both players discount the future at rate 5 E (0,

please help with this question, thanks

please help with this question, thanks 4. Consider the game below1 which

4. Consider the game below1 which is innitely repeated. Both players discount the future at rate 5 E (0, 1]- The stage game is (a) (b) (C) (d) Find all Nash equilibria of the stage game. {5pt) Suppose the outcome (U,L} is obtained in t = 0 2 4 .. and (D1 R) is obtained in t = 1,3, 57 3' I 1" 1W'hat is the \"present valueH of each player's payoff"?I (5pt) Suppose player 2's strategy is as follows: start by playing L; if player 1 has played U always in the past) then player 2 plays L; if player 1 has ever played JDT then player 2 plays R forever. Given player 2's strategy3 what's player lls payoff from playing U forever? \"rhat's player 1's payoff from playing D forever? Calculate the discount factor at which player 1 is just indifferent between playing U in every period and D in every period. Call this discount rate 3. (l5pt) Assume 5

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