A draw the extensive form of the game assuming the players


Question: Consider the three-player game in which each player can choose Up or Down. In matrix form the game is

1257_Extensive.png

a) Draw the extensive form of the game assuming the players choose simultaneously.

(b) Use Gambit to solve the game and show that the mixed Nash Equilibrium is X∗ = (0.98159, 0.01841), Y∗ = (0.54869, 0.45131), Z∗ = (0.47720, 0.5228).

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Management Theories: A draw the extensive form of the game assuming the players
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