Consider the following game. Player 1, in bold, has the payoffs in the upper left corner, player 2, the payoffs in the l

[answerhappygod]

Consider the following game. Player 1, in bold, has the payoffs
in the upper left corner, player 2, the payoffs in the lower
left.
1
2
3
4
5
6
7
1
1
1
10
-10
0
0
0
0
0
0
0
0
-11
0
2
-10
10
0
0
10
-10
0
0
0
0
0
0
0
0
3
0
0
-10
10
0
0
10
-10
0
0
0
0
0
0
4
0
0
0
0
-10
0
0
0
30
-30
10
-10
10
-10
5
0
0
0
0
0
0
-30
30
0
0
0
0
0
0
6
0
0
0
0
0
0
-10
10
0
0
0
0
0
0
7
0
-11
0
0
0
0
-10
10
0
0
0
0
-11
-11
a) Thinking of a level-k model, how would you expect subjects to
play?
b) Thinking of a QRE model, how would you expect subjects to
play? You do not need to calculate a full QRE prediction, just
describe in qualitative terms, whether play will be concentrated
around the Nash prediction or not, and why. [up to 450 words, 15
marks]