Strategic interaction from your day-to-day life

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Look around and pick a strategic interaction from your day-to-day life (personal, professional, or news). Make sure that it has some information asymmetry. Write down the situation in words. Then draw a game tree (as in modules 9 or 10). Assign made-up pay-offs. And finally solve the game to find out the Perfect Bayes Equilibrium. Show your work step by step. Submit the completed project on the draft submission date. I shall return those to you the next day with my comments.

Reference no: EM132547364

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