Sequential Move Game Strategy Project In the text, we consider a sequential-move game in which an entrant was considering entering an industry in competiti

Sequential Move Game Strategy Project In the text, we consider a sequential-move game in which an entrant was
considering entering an industry in competition with an incumbent firm
(See Figure 15-1). Consider now that the entrant, if fought, has the
possibility of withdrawing from the industry (at a loss of 1 for the
entrant and a gain of 8 for the incumbent), or staying at a loss of 5
for each player). What is the equilibrium of this game? Discuss if the
entrant is better off with or without the ability to withdraw.