Managerial Economics 13th Edition by James McGuigan,Charles Moyer,Frederick Harris

Exercise 13

The outcomes in the bottom half of the game tree describing the last (the 20th) submarket of the chain store paradox in Figure are labeled N.A. (not applicable). Why What specific equilibrium concept in sequential games rules out the applicability of these outcomes Hint: How would you describe the game tree from node E onward as opposed to the game tree from node D onward
Figure The Chain Store Paradox