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Game Theory 101 (#80): Off-the-Path Beliefs
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Game Theory 101 Full Course - Game Theory 101 (#80): Off-the-Path Beliefs

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http://gametheory101.com This lecture explains how off-the-path beliefs complicate the search for perfect Bayesian equilibrium. PBE's definition places no restrictions on those beliefs. We therefore have to consider all possible beliefs to see if they sustain an equilibrium.

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