The diagram captures the situation in 1938 chamberlain, Business Economics

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The diagram captures the situation in 1938 chamberlain

The Diagram captures the situation in 1938. Chamberlain assesses the propability of hitler being amicable as p and that of him being beligerant as 1-p. Derive the condition on p that would support the signing of the Munich agreement and hitlers invasion afterwards as subgame perfect equlibrium.

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