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- a)Find the Nash equilibrium b)Find subgame Nash equilibrium c) Explain why all Nash equilibrium are not subgame perfect. Please see the image The term in image are A,B b,c and w,a and 1,2,7,9 and 7,3,4,81. Find all subgame perfect nash equilibrium 2. Find a nash equilibrium that is not SPNE, and explain why it is not an SPNE.parameter z= 1 In the unique subgame perfect Nash equilibrium, what is the sum of the payoffs tothe two players?
- Define the Nash Equilibrium. Give examples.QUESTION: What is the Nash equilibrium usineg the payoff matrix below? Profit Payoff Matrix Frontier High Price Frontier Low Price United High Price United 50 Frontier 12 United 40 Frontier 15 United Low Price United 30 Frontier 0 United 25 Frontier 10 A. UNITED: HIGH FRONTIER: HIGH B. UNITED: HIGH FRONTIER: LOW C. UNITED: LOW FRONTIER: HIGH D. UNITED: LOW FRONTIER: LOW E. THERE IS NO NASH EQUILIBRIUM.(a) Compute the Nash Equilibrium in pure strategies of the game above. (b) Compute the subgame perfect Nash equilibrium.(c) Compute the perfect Bayesian euilibrium. (I need help with how to solve these questions in detail)
- What is the distinctive characteristic of the Nash equilibrium?Thank you! Would you be able to answer the final part? Derive a mixed strategy Nash equilibrium (MSNE). What is the proportion of Hawks and Doves? If the proportion of Hawks in the population of animals is greater than the mixed strategy equilibrium proportion you calculated, which strategy does better, Hawks or Doves?In game theory, what is a subgame? What is a subgame-perfect Nash equilibrium? If possible, could you please provide an example? Thank you!