Combining Sequential and Simultaneous Games, Part 1
Combining Sequential and Simultaneous Games, Part 1
Mar 6, 2017
msu.edu
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1. Consider a game G consisting of the following 3x3 simultaneous-move game played twice.TopMiddleBottomLeft2,20,1-10,-5Centre1,00,0-10,-5Right-5,-10-5,-10-10,-10Call the first playing of the above 3x3 game s̈tage 1änd the second playing s̈tage 2.Ässume that before playing stage 2, players see everyone's action from stage 1. Also assumethat the total payoffs in game G are the sum of the payoffs from the two stages.a) Draw a partial extensive form of G: your game tree should fully show stage 1, a
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