Question: s Consider a repeated game in which Game A is played in each period t. Ann is L R U 4 6 4 3 D

s Consider a repeated game in which Game A is played in each period t. Ann is L R U 4 6 4 3 D 0 Figure 1: Game A the column player and Bob is the row player. Let & denote the common discount factor. (a) Draw the feasible set. In the same diagram illustrate the individually rational set. Indicate the individually rational and feasible set. You must label clearly. (b) What is the minimal value of 6 for which a Nash revision strategy can be constructed which supports the play of (D. R) in every period along the equilibrium path of a SGPNE? Show your work clearly. (c) Present the Nash revision strategies which support (D. R) for the value of o found above. (d) Is there a SGPNE in which (D, L) is played in odd periods and (U, R) is played in even periods? If you answered yes, then present SGPNE strategies. If you answered no, then explain why not. (50 words or fewer.)
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