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Subgame perfect nash equilibrium - PowerPoint PPT Presentation

UNIT II: The Basic Theory

UNIT II: The Basic Theory

UNIT II: The Basic Theory. Zero-sum Games Nonzero-sum Games Nash Equilibrium: Properties and Problems Bargaining Games Review Midterm 3/23. 3/9. Review. Review Terms Counting Strategies Prudent v. Best-Response Strategies Graduate Assignment. Review.

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548 views • 41 slides
UNIT II: The Basic Theory

UNIT II: The Basic Theory

UNIT II: The Basic Theory. Zero-sum Games Nonzero-sum Games Nash Equilibrium: Properties and Problems Bargaining Games Review Midterm 3/21. 3/14. Review. Prudent v. Best-Response Strategies Problem Sets 1 & 2 Graduate Assignment. Review. Battle of the Sexes. O F O F.

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400 views • 28 slides
Games with Sequential Moves

Games with Sequential Moves

Games with Sequential Moves Games with Sequential Moves Games where players move one after another. Possible to combine with simultaneous moves. (But not considered in this chapter) Players, when makes moves, have to consider what the opponents may do.

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791 views • 19 slides
Extensive Form Games With Perfect Information (Extensions)

Extensive Form Games With Perfect Information (Extensions)

Extensive Form Games With Perfect Information (Extensions). Allowing for Simultaneous Moves. New type of game where players make simultaneous decisions in a sequential environment.

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274 views • 12 slides
Extensive Form Games With Perfect Information (Extensions)

Extensive Form Games With Perfect Information (Extensions)

Extensive Form Games With Perfect Information (Extensions). Allowing for Simultaneous Moves. New type of game where players make simultaneous decisions in a sequential environment.

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265 views • 12 slides
Section 8: Redux

Section 8: Redux

Section 8: Redux. Outline. Overview of equilibrium concepts so far Example of perfect Bayesian equilibrium Example of monetary policy (see handout from last section) Theories of delegation Time-consistency. Overview. Nash Equilibrium Mixed-strategy Nash Equilibrium

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ECO290E: Game Theory

ECO290E: Game Theory

ECO290E: Game Theory. Lecture 6 Dynamic Games and Backward Induction. Midterm Information. 4 or 5 questions; each question may contain a couple of sub-questions. The coverage of the exam is all the lectures (Lec.1-6) except for dynamic games.

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216 views • 8 slides

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