Sequential game, Game Theory

 

A sequential game is one during which players build choices (or choose a strategy) following an exact predefined order, and during which a minimum of some players will observe the moves of players who preceded them. If no players observe the moves of previous players, then the sport is simultaneous. If each player observes the moves of each different player who has gone before her, the sport is one among excellent data. If some (but not all) players observe previous moves, whereas others move simultaneously, the sport is one among imperfect data. Sequential games are represented by game trees (the in depth form) and solved using the concept of rollback, or subgame excellent equilibrium.

 

Posted Date: 7/21/2012 5:07:15 AM | Location : United States







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

Write discussion on Sequential game
Your posts are moderated
Related Questions
Normal 0 false false false EN-US X-NONE X-NONE

The following is a payoff matrix for a non-cooperative simultaneous move game between 2 players. The payoffs are in the order (Player 1; Player 2): What is/are the Nash Equil

Treating probability as a logic, Thomas Bayes defined the following: Pr(X|Y)=Pr(Y|X)Pr(X)/Pr(Y) For example, probability that the weather was bad given that our friends playe

An auction during which bidders simultaneously submit bids to the auctioneer while not information of the number bid by different participants. Usually, the very best bidder (or lo

Living from 1845 to 1926, Edgeworth's contributions to Economics still influence trendy game theorists. His Mathematical Psychics printed in 1881, demonstrated the notion of compet

A sequential game is one among one in all if just one player moves at a time and if every player is aware of each action of the players that moved before him at every purpose. Tech

Eighteenth century British mathematician who recognized a method for probabilistic mathematical inference. His Bayes Theorem, published posthumously, treats probability as a logic.

A static game is one during which all players build choices (or choose a strategy) simultaneously, while not information of the methods that are being chosen by different players.

GAME 2 The Tire Story Another game that we have successfully played in the first lecture is based on the “We can’t take the exam; we had a flat tire”. Even if the students hav

I have a problem with an exercise about Cournot game. It is very complex and it is composed by different question and it is impossible for me to write the complete text. I need som