Question: Please solve for a-f. I will leave a great review!! 2. Consider the game, where payoffs for each player are in million dollars, as follows:

Please solve for a-f. I will leave a great review!!

2. Consider the game, where payoffs for each player are in million dollars, as follows: Invest (2) Don't Invest (2) Invest (1) 3, 1 -1, -1 Don't Invest (1) 2, 2 1, 3 The first payoff is that of player 1 and the second that of player 2. (a) What are the Nash Equilibria (if any) in the simultaneous game? Explain. (b) Find the mixed-strategy Nash equilibrium. What is Nash equilibrium in mixed strategies? (c) If player 1 moves first in the sequential game, what are player's 2 contingent strategies? Write down the normal form of the sequential game. (d) Using the normal form of the sequential game in (c), solve for the Nash equilibria. (e) Draw the extensive form in this sequential version and identify the proper subgames. (f) What is the subgame perfect Nash Equilibrium in this sequential version? Explain

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