\u03b4 31 p3 x 3 p3 1 x2 1In equilibrium x3 V 3 \u03c0 and x 2 V 2 \u03c0 V 1 \u03c0 \u03b4 1 p 1 1 V 3

Δ 31 p3 x 3 p3 1 x2 1in equilibrium x3 v 3 π and x

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(b) Find a stationary subgame perfect Nash equilibrium in which players use stage-gameundominated voting strategies of this game whenr1= 0,r2= 0, andr3= 1 andδi= 0.9 for alli∈ {1,2,3}. 2
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  • Spring '11
  • JohnPaddy
  • Game Theory, player, Subgame perfect equilibrium, stage-game undominated voting

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