Kickstarter provides a platform for raising venture capital through crowd sourcing. A project creator sets a funding target and posts the project at Kickstarter. People then decide how much money to p

a. The extensive form game is shown in the diagram below: ``` Project Creator / $1,000 $1,500 / Contributor 2 Contributor 1 / / $250 $750 $250 $750 | | | | F F F F ``` where F represents the outcome of the project not being funded, and the numbers represent the amount of money pledged. b. The strategy set for the project creator is {choose $1,000, choose $1,500}. The strategy set for each contributor is {pledge $250, pledge $750}. c. The strategic form game is shown in the table below: ``` | $250, $250 | $250, $750 | $750, $250 | $750, $750 | ------------------------------------------------------------------- $1,000 chosen | 0, 0 | 750, 250 | 0, 750 | 1500, 500 | $1,500 chosen | 0, 0 | 1000, 500 | 500, 0 | 1500, 500 | ``` In this game, the first number in each element of the table represents the project creator's payoff, and the second number represents the total payoff for both contributors. For example, if the project creator chooses a funding target of $1,000 and both contributors pledge $250, the project is funded and the payoffs are 0 for the project creator and 0 for each contributor. If one contributor pledges $250 and the other pledges $750, and the project creator chooses a funding target of $1,500, the project is funded and the payoffs are 1000 for the project creator and 500 for each contributor.