EBK MICROECONOMICS
2nd Edition
ISBN: 8220103679701
Author: List
Publisher: YUZU
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Question
Chapter 13, Problem 10P
(a)
To determine
The game tree and equilibrium for the game between Jones and Smith.
(b)
To determine
The credibility of the promise made by Smith.
(c)
To determine
The game tree for a case where Jones makes a credible commitment.
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