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Look at the following extensive form game. “0” represents chance move who chooses each action with specified probability (numbers on edges following each move of player 0). I and II are the two players. The first number in the payoff vector is the payoff for Player I.

(a) List all pure strategies of Player I.

(b) Find all sub-game perfect Nash equilibria and determine the expected equilibrium payoff for each player.

Operation Management, Management Studies

  • Category:- Operation Management
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