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T S A 3,1 5,6 B 2,5 3,4 C 4,2 6,3 Consider the following repeated game. The simultaneous move game represented in normal form above is played three times; after each round players observe which strategy profile has been played. Select which is a correct claim among the following ones

T S A 3,1 5,6 B 2,5 3,4 C 4,2 6,3 Consider the following repeated game. The simultaneous move game represented in normal form above is played three times; after each round players observe which strategy profile has been played. Select which is a correct claim among the following ones

Microeconomic Theory
Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter8: Game Theory
Section: Chapter Questions
Problem 8.9P
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Tempo rimasto 0:58:57 T S A 3,1 5,6 B 2,5 3,4 C 4,2 6,3 Consider the following repeated game. The simultaneous move game represented in normal form above is played three times; after each round players observe which strategy profile has been played. Select which is a correct claim among the following ones Scegli un'alternativa: O The unique SPNE of this game is such that Player 1 plays A at every round and Player 2 plays S at every round. O The unique SPNE of this game is such that Player 1 plays C at every round and Player 2 plays S at every round. O There is a SPNE such that player 1 plays A in the first round, and plays A in the second round if and if (A.S) has been ayed in the first round, otherwise plays C; player 1 plays C in the last round. Player 2 plays S in the first round, and plays S in the second if and only if (A.S) has been played in the first round, otherwise plays T; player 2 plays T in the last round. O The unique SPNE of this game is such that Player 1 plays A in the first and second round and B in the third round; Player 2 plays T in the first and second round and S in the third one.
Transcribed Image Text:Tempo rimasto 0:58:57 T S A 3,1 5,6 B 2,5 3,4 C 4,2 6,3 Consider the following repeated game. The simultaneous move game represented in normal form above is played three times; after each round players observe which strategy profile has been played. Select which is a correct claim among the following ones Scegli un'alternativa: O The unique SPNE of this game is such that Player 1 plays A at every round and Player 2 plays S at every round. O The unique SPNE of this game is such that Player 1 plays C at every round and Player 2 plays S at every round. O There is a SPNE such that player 1 plays A in the first round, and plays A in the second round if and if (A.S) has been ayed in the first round, otherwise plays C; player 1 plays C in the last round. Player 2 plays S in the first round, and plays S in the second if and only if (A.S) has been played in the first round, otherwise plays T; player 2 plays T in the last round. O The unique SPNE of this game is such that Player 1 plays A in the first and second round and B in the third round; Player 2 plays T in the first and second round and S in the third one.
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