Consider the following two-player sequential move game. Player 1 moves first and chooses between Top and Bottom. Player 2 gets to see what Player 1 chose and then responds with Left or Right. If Player 1 chooses Top and Player 2 chooses Left, then Player 1 gets $3 and Player 2 gets $2. If Player 1 chooses Top and Player 2 chooses Right, then Player 1 gets $1 and Player 2 gets $1. If Player 1 chooses Top and Player 2 chooses Left, then Player 1 gets $0 and Player 2 gets $4. If Player 1 chooses Top and Player 2 chooses Left, then Player 1 gets $5 and Player 2 gets $3. Draw the game tree for this game and then solve for the subgame perfect equilibrium.

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Quizplus · Accepted Answer

The Answer of Consider the following two-player sequential move game. Player 1 moves first and chooses between Top and Bottom. Player 2 gets to see what Player 1 chose and then responds with Left or Right. If Player 1 chooses Top and Player 2 chooses Left, then Player 1 gets $3 and Player 2 gets $2. If Player 1 chooses Top and Player 2 chooses Right, then Player 1 gets $1 and Player 2 gets $1. If Player 1 chooses Top and Player 2 chooses Left, then Player 1 gets $0 and Player 2 gets $4. If Player 1 chooses Top and Player 2 chooses Left, then Player 1 gets $5 and Player 2 gets $3. Draw the game tree for this game and then solve for the subgame perfect equilibrium.

Consider the Following Two-Player Sequential Move Game