Your task for vour third journal entry 1s to identify a strategic situation from the real world that can be modeled as a static game of incomplete information. This should be a situation you have personally observed or are familiar with, not just replicating the analysis of an existing game from class or the textbook Think about strategic interactions you've witnessed in business, politics, sports, personal relationships, or other domains. Choose one that involves key elements of static games of incomplete information: Once you've identified a suitable real-world situation, model i1t formally as a static game of incomplete information. Clearly specify the players, their possible types (private information), their available strategies, and the payouts for each combination of player types and actions. Then, find all the Bayes Nash equilibria for this game, focusing on pure strategies. Show your work and thinking process. If there are multiple Bayes Nash equilibria, explain which one you think 1s the best prediction for how this strategic situation would actually play out in the real world and why. The journal entry should be 3-4 double-spaced pages. Focus on clarity, precision, and insight in your game specification and equilibrium analysis. The goal 1s to demonstrate vour ability to identify static games of mcomplete information mn the real world and analyze them using the concepts and techniques we've learned in class. Let me know if you have any questions