sub game excellent nash equilibrium , Game Theory

 

A sub game excellent Nash equilibrium is an equilibrium such that players' methods represent a Nash equilibrium in each sub game of the initial game. it should be found by backward induction, an iterative method for solving finite in depth kind or sequential games. First, one determines the optimal strategy of the player who makes the last move of the sport. Then, the optimal action of the next-to-last moving player is decided taking the last player's action as given. the method continues during this manner backwards in time till all players' actions are determined.

Sub game excellent equilibria eliminate no credible threats.

 

Posted Date: 7/21/2012 4:36:20 AM | Location : United States







Related Discussions:- sub game excellent nash equilibrium , Assignment Help, Ask Question on sub game excellent nash equilibrium , Get Answer, Expert's Help, sub game excellent nash equilibrium Discussions

Write discussion on sub game excellent nash equilibrium
Your posts are moderated
Related Questions
a) Define the term Nash equilibrium b) You are given the following pay-off matrix:   Strategies for player 1   Strategies for player 2

How much time you want to spend on this material willdepend on the focus of your course. For many social sciencecourses, a general exposure to the ideas, based on a quick runthroug

A Nash equilibrium, named when John Nash, may be a set of methods, one for every player, such that no player has incentive to unilaterally amendment her action. Players are in equi

A set of colluding bidders. Ring participants agree to rig bids by agreeing not to bid against each other, either by avoiding the auction or by placing phony (phantom) bids.

A uniform worth auction may be a multiunit auction during which each winning bidder pays identical worth, which can or might not be equal to the participants' bids. Alternatively,

A type of sequential second worth auction, just like an English auction during which an auctioneer frequently raises the present worth. Participants should signal at each worth lev

Strategies against Hostage Takers T ypical Situations Terrorists: usually have several hostages, demands are polit- ical, may be fanatics, location may be public or sec

In a Variable add game, the add of all player's payoffs differs counting on the methods they utilize. this can be the other of a continuing add game during which all outcomes invol

saaaaaaasfffffffffffffffffffaaaczzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

Scenario The hawk-dove game is additionally commonly called the sport of chicken. 2 hooligans with one thing to prove drive at one another on a slender road. The primary to swer