Consider the following extensive form game.
What is the subgame perfect equilibrium path in this game?
Consider the following extensive form game. What is the subgame perfect equilibrium path in this game?...
1. Consider the following extensive form game with perfect information: 2 In 0 (a) (Level A) Write down the normal form associated with this extensive formm game (b) (Level A) First suppose = 0. Find a subgame perfect equilibrium for this game. (c) (Level B) Again suppose α-0. Find a pure strategy Nash equilibrium of this extensive form game that is not subgame perfect. (d) (Level B) Now suppose α = 3. Find all pure strategy subgame perfect equi- libria....
What is the difference between subgame perfect Nash equilibrium and Nash equilibrium of an extensive form game?
1. Consider the following extensive form game with perfect information 1 Out 2 2 In 3 3 a) (Level A) Write down the normal form associated with this extensive form game (b) (Level A) First suppose -0. Find a subgame perfect equilibrium for this game (c) (Level B) Again suppose α-0. Find a pure strategy ash equilibrium of this extensive form game that is not subgame perfect (d) (Level B) Now suppose a-3. Find all pure strategy subgame perfect equi-...
Consider the following game in extensive form. L R M 2 2 a a r b b 0 X y 0 2 2 0 0 - 1 X у 1 2 -1 1 1 0 10 1 0 Compute a sub-game-perfect equilibrium.
3. General Extensive Form Game D Suppose the following general extensive form game 1/2 1/2 (2, 2) (2, 2) (0, 6) (6, 0 (0,0 (6, 4) (a) Represent this game in normal form by using a matrix, and find all pure strategy Bayesian Nash equilibrium (equilibria) b) Find pure strategy subgame perfect equilibrium (or equilibria) of this game. c) Find pure strategy perfect Bayesian equilibrium (or equilibria) of this game.
Question 2 Consider the following extensive form game. R 2 a А/ B 2,3 / 1 \ь 3, x 3,0 1, Each value of x defines a different game. 1. Solve this game by backward induction for x = 0 and for x = 2. For each of those values of x, what are the payoffs that player 2 can get in the solution? 2. Write this game in Normal form (The table can have an entry of the form...
A) Consider the extensive form game of complete and imperfect information above. The number of pure strategy Nash Equilibrium in the game is? (Please, type only numerical values, for example: 0, 1, 2, 3,....) B) Consider the extensive form game of complete and imperfect information above. The following strategy profiles are Subgame Perfect Nash Equilibrium (Select all that apply) a) (WY, AD) b) (WY, AC) c) (ZX, AD) d) (ZY, BC) e) (ZY, BD) ...
Froblem #5: Convert extensive-form to strategic-form, find Nash equilibria and subgame. perfect Nash equilibria (12pts) Consider the following extensive-form game: Veto Y Don't Veto In this game, Players 1 and 2 are deciding on a course of action, which may be X, Y, or Z Player 2 is the one who actually makes the choice, but first Player may choose to veto Y, which is the option Player 1 prefers the least. a) List all the strategies available to Player...
2. Consider the extensive form game shown in the figure below. The top payoff at a terminal node is for player 1. Find all subgame perfect Nash equilibria P1 P2 P2 P1 P1 0 10 4 4 4 2. Consider the extensive form game shown in the figure below. The top payoff at a terminal node is for player 1. Find all subgame perfect Nash equilibria P1 P2 P2 P1 P1 0 10 4 4 4
Consider the following extensive-form game with two players, 1 and 2. a). Find the pure-strategy Nash equilibria of the game. [8 Marks] b). Find the pure-strategy subgame-perfect equilibria of the game. [6 Marks] c). Derive the mixed strategy Nash equilibrium of the subgame. If players play this mixed Nash equilibrium in the subgame, would 1 player In or Out at the initial mode? [6 Marks] [Hint: Write down the normal-form of the subgame and derive the mixed Nash equilibrium of...