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Unformatted text preview: If player 2 chooses C, the game passes to player 1 who can either play S with payoffs (m+2, n+2) or C with payoffs (n+3, m+3). In both cases the game ends. a. Show this sequential game in the form of a diagram. b. Solve the game using backwards induction. c. How does your answer in part b change if the game had hundred stages? d. How will you play the game if you were player 1? 2. Exercise 156.2, c...
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This note was uploaded on 11/27/2010 for the course ECON Econ 116A taught by Professor Neerjaaggarwal during the Winter '10 term at UC Irvine.
- Winter '10
- Game Theory