Return to the three-player game tree in part (c) of Exercise S2 in Chapter 3. (a) Draw the game…

Return to the three-player game tree in part (c) of
Exercise S2 in Chapter 3.

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Return to the three-player game tree in part (c) of Exercise S2 in Chapter 3. (a) Draw the game…
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(a) Draw the game table. Make Scarecrow the row player,
Tinman the column player, and Lion the page player. Find all of the Nash
equilibria. There will be many.

(b) For the equilibria that you found in part (a) that
are not sub game perfect, identify the credibility problems.

 

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