Scenario 13.13
Consider the game below:
-Playing the game in Scenario 13.13 sequentially would:
A) not change the equilibrium.
B) change the equilibrium to (R1,C1).
C) change the equilibrium to (R2,C1) if R moved first.
D) change the equilibrium to (R2,C1) if C moved first.
E) change the equilibrium to (R2,C2).

Question

Scenario 13.13
Consider the game below: 
-Playing the game in Scenario 13.13 sequentially would:
A) not change the equilibrium. 
B) change the equilibrium to (R1,C1). 
C) change the equilibrium to (R2,C1) if R moved first. 
D) change the equilibrium to (R2,C1) if C moved first. 
E) change the equilibrium to (R2,C2).

Quizplus · Accepted Answer

In a sequential game, the player who moves first can influence the outcome by committing to a strategy. If R moves first, they can choose R2, leading C to respond with C1, resulting in the equilibrium (R2,C1).

Scenario 13.13 Consider the Game Below