Reference no: EM131433893

Game: 

Three players are playing a strategic game with ordinal preferences.

Each player's action set is {B;C}. The following matrices summarize the payoffs inthe game. The left-most matrix assumes player 3 plays B, the right-most matrix that she plays C. In each matrix, player 1 is the row player, and player 2 is the column player. The three numbers are the payoffs to players 1, 2, and 3, respectively.

Using the game listed above:

Player 1 moves first. Players 2 and 3 move simultaneously after having observed player 1's action. Find all the subgame perfect equilibria