5/4 8/6 7/7 10/10 O a. This game does not have a subgame perfect equilibrium. O b. 10/ 10 O c. 8/6 Od. 5/4 O e. 7/7

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter8: Game Theory
Section: Chapter Questions
Problem 8.1P
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5/ 4
8/6
7/7
10 / 10
O a. This game does not have a subgame perfect equilibrium.
O b. 10/10
O c. 8/6
Od. 5/4
O e. 7/7
Transcribed Image Text:5/ 4 8/6 7/7 10 / 10 O a. This game does not have a subgame perfect equilibrium. O b. 10/10 O c. 8/6 Od. 5/4 O e. 7/7
What is the outcome of the subgame-perfect Nash-equilibrium in the game below?
1
Attack
Retreat
2
Defend
Flee
Follow
Stay
5/4
8/6
7/7
10/ 10
Transcribed Image Text:What is the outcome of the subgame-perfect Nash-equilibrium in the game below? 1 Attack Retreat 2 Defend Flee Follow Stay 5/4 8/6 7/7 10/ 10
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