7. Consider the following extensive form game. 3 E 3 2 2 G H 1 J K L M/N 10,11,2 12, 13,4 14,15,5 2,8,3 4,5,2 6,7,8 0 P
Posted: Mon Apr 18, 2022 9:16 am
7. Consider the following extensive form game. 3 E 3 2 2 G H 1 J K L M/N 10,11,2 12, 13,4 14,15,5 2,8,3 4,5,2 6,7,8 0 P Q R 8,9,110,11,4 8,9,1 10,2,11 (a) (5 points) How many subgames are there? How many players are there? (b) (10 points) Find all SPNE. Specify the strategy profile of all players and the equi- librium payoff for each SPNE.