Return to the three-player game tree in part (c) of Exercise S2 in Chapter 3. (a) Draw the game table. Make Scarecrow the row player, Tinman the column player, and Lion the page player. Find all of...


Return to the three-player game tree in part (c) of Exercise S2 in Chapter 3.


(a) Draw the game table. Make Scarecrow the row player, Tinman the column player, and Lion the page player. Find all of the Nash equilibria. There will be many.


(b) For the equilibria that you found in part (a) that are not sub game perfect, identify the credibility problems.




May 26, 2022
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