Question: The question is in the image. 1. (6 marks) Consider the following extensive form game. (1,0) a 2 O . (3,4) L 2 C .

The question is in the image.

1. (6 marks) Consider the following extensive form game. (1,0) a 2 O . (3,4) L 2 C . (2,2) 1 M 2 d . (4, 1) R e . (1, 1) . (2,0) (a) Construct the normal form of this game. (b) What are all the pure-strategy Nash equilibria of this game? (c) What are all the pure-strategy subgame perfect Nash equilibria of this game
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
