Game Theory 101 Full Course - Game Theory 101 (#19): Multiple Subgame Perfect Equilibria

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What you'll learn

This course includes

13.5 hours of video
Certificate of completion
Access on mobile and TV

Summary

Keywords

game theory 101 backward induction introduction subgame perfect equilibrium economics political science

Full Transcript

Game Theory 101: The Complete Textbook on Amazon: https://www.amazon.com/Game-Theory-101-Complete-Textbook/dp/1492728152/ http://gametheory101.com/courses/game-theory-101/ Occasionally, extensive form games can have multiple subgame perfect equilibria. This lecture provides an example and explains why indifference plays an important role here. We also learn how to solve extensive form games with simultaneous move games embedded in them.