Selten's Horse: Consider the three-person game described in Figure 15.6, known as Selten's horse (for the obvious reason). What are the pure-strategy Bayesian Nash equilibria of this game? Which of the Bayesian Nash equilibria that you found in (a) are perfect Bayesian equilibria? c. b. Which of the Bayesian Nash equilibria that you found in (a) are sequential equilibria?
Selten's Horse: Consider the three-person game described in Figure 15.6, known as Selten's horse (for the obvious reason). What are the pure-strategy Bayesian Nash equilibria of this game? Which of the Bayesian Nash equilibria that you found in (a) are perfect Bayesian equilibria? c. b. Which of the Bayesian Nash equilibria that you found in (a) are sequential equilibria?
Chapter8: Game Theory
Section: Chapter Questions
Problem 8.1P
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