week2_problem

week2_problem - (c Draw the normal form for this game(d...

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Econ 101 Microeconomic Theory Professor Jernej Copic Exercise for TA section: week 2 Hyo Sang Kim 1. Consider the following two player game in extensive form. (a) Find the subgame perfect Nash equilibrium (SPNE) by using backward induction. (b) Determine the strategies for each player in this game.
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Unformatted text preview: (c) Draw the normal form for this game. (d) Find the Nash equilibria. 2. Consider the following Prisoners’ dilemma game. C N C (1,1) (3,0) N (0,3) (2,2) (a) Find the Nash equilibrium. 1...
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This note was uploaded on 02/06/2012 for the course ECON 101 taught by Professor Buddin during the Spring '08 term at UCLA.

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