Question: The question is in the image. 2. (6 marks) Consider the following normal form game. Player 2 T (1,4) (9,0) Player 1 M (0,0) B

The question is in the image.

2. (6 marks) Consider the following normal form game. Player 2 T (1,4) (9,0) Player 1 M (0,0) B (0,0) (a) What are the purestrategy Nash equilibria of this game? (b) Suppose that this game is played twice with the payoffs in each period added to obtain the total payoff. The strategies chosen in the rst stage are observed by both players before the second stage is played. Find a pure-strategy subgameperfect Nash equilibrium for this game in which (M , C) is played in the rst stage

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