Question: Problem I - Textbook Exercise 16.5.3 (18 points) Consider the following game: Column Player Column Player R 1, 3 3. 2 Row Player U 4,

 Problem I - Textbook Exercise 16.5.3 (18 points) Consider the following

Problem I - Textbook Exercise 16.5.3 (18 points) Consider the following game: Column Player Column Player R 1, 3 3. 2 Row Player U 4, 1 2. 4 Row Player (i) Find all pure Nash equilibria of the above one-shot, simultaneous game, if any. (ii) What is the subgame perfect equilibrium if you turn this into a sequential game. with Column going first? With Row going first? (i) In which game does Column get the highest payoff-the simultaneous game, the sequential game when Column goes first, or the sequential game when Column goes second

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