Question: 2. Consider the game with chance moves in extensive form shown in Figure 2 in which Player 1 cannot distinguish between the two vertices

2. Consider the game with chance moves in extensive form shown in 

2. Consider the game with chance moves in extensive form shown in Figure 2 in which Player 1 cannot distinguish between the two vertices s/he owns. Describe the strategy set for each player and give the normal form of the game where the payoffs are expected payoffs. C represents Chance or Nature. Find all pairs of Nash equilibria in pure strategies, if they exist. C C 0.5/ (0,0) 0.5 P 0.3 0.6 0.7 C 0.4 P (1,-2) (-2,1) (3,1) (2,-2) (3,0) (-1,2) Figure 2: Game with chance moves in extensive form P (1,-1)

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Thus final expected payoff is For player 1 099 For player 2 03 007 Norte 03 ... View full answer

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