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/
Backward induction essentially assumes that all future play will be rational. What if we think of it the opposite way. That is, what if we assume that all PAST play WAS rational? Will that change our results? The answer is yes. The pub hunt provides an intuitive example.
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