Question: The answer should be typed. Question 3 (a) Consider the following game in extensive form. The top payoff at a leaf is to player I

The answer should be typed.

The answer should be typed. Question 3 (a) Consider the following game

Question 3 (a) Consider the following game in extensive form. The top payoff at a leaf is to player I and the bottom payoff is to player II. Determine the nontrivial subgames of this game. Find all subgame perfect equilibria (SPE) of this game, in a suitable representation of the (possibly randomized) strategies of the players. Find all further mixed equilibria of the game. b T B T T B OO W H

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