Rollback , Game Theory

 Rollback (often referred to as backward induction) is 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. Effectively, one determines the Nash equilibrium of every subgame of the initial game.

 

Posted Date: 7/21/2012 5:06:00 AM | Location : United States







Related Discussions:- Rollback , Assignment Help, Ask Question on Rollback , Get Answer, Expert's Help, Rollback Discussions

Write discussion on Rollback
Your posts are moderated
Related Questions
Ordinal payoffs are numbers representing the outcomes of a game where the worth of the numbers isn't vital, however solely the ordering of numbers. for instance, when solving for a

James and Dean are playing the Chicken game. They have noticed that their payout for being perceived as "tough" depends on the size of the crowd. The larger the crowd, the "cooler"

Find Pure Nash Equilibria 1. Consider a two-player game in which player 1 chooses the strategy x 1 from the closed interval [-1, 1] while player 2 chooses the strategy x 2 fr

Ronaldo (Brazil) kicks a penalty against Casillas (Spain) in the 2006 World Cup nal. Sup- pose that Ronaldo can kick the ball to Casillas' upper left (UL), lower left (LL), upper r

Yankee auction typically implies a multiunit discriminatory English auction. not like a Vickrey auction where every winning bidder pays identical worth for every unit, in a very ya

if the first three words are "the boy''s down" what are the last three words?

Suppose that the incumbent monopolist, in the previous question, can decide (before anything else happens) to make an irreversible investment in extra Capacity (C), or Not (N). If

The notion that those that don't contribute to some project might nevertheless get pleasure from it (free riders), evidenced in games like the tragedy of the commons and public pro


When players interact by enjoying an identical stage game (such because the prisoner's dilemma) varied times, the sport is termed an iterated (or repeated) game. not like a game pl