Problem 3: [20 pts] Consider the following strategic situation. On Monday, Albert and Bob simultaneously chooses...

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Problem 3: [20 pts] Consider the following strategic situation. On Monday, Albert and Bob simultaneously chooses to complete either task A, B, or C. Albert then observes Bob's choice, but forgets what task he himself completed on Monday. Given this information, on Tuesday, Albert chooses to complete a task, either A, B, or C, after which the game ends. Both players get 10 utils if all three tasks are completed over the course of the two days. Otherwise, both players get 0 utils. Write the extensive form representation of this game. Problem 3: [20 pts] Consider the following strategic situation. On Monday, Albert and Bob simultaneously chooses to complete either task A, B, or C. Albert then observes Bob's choice, but forgets what task he himself completed on Monday. Given this information, on Tuesday, Albert chooses to complete a task, either A, B, or C, after which the game ends. Both players get 10 utils if all three tasks are completed over the course of the two days. Otherwise, both players get 0 utils. Write the extensive form representation of this game.

Answer rating: 100% (QA)

Heres the extensive form representation of the game Players Albert A and Bob B Information Sets Ther... View the full answer