Exploring Lecture 8 Backward Induction
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- Game Theory (ECON 159) We first discuss Zermelo's theorem: that games like tic-tac-toe or chess have a solution. That is, either ...
- Game Theory (ECON 159) We develop a simple model of bargaining, starting from an ultimatum game (one person makes the ...
- Financial Theory (ECON 251) In the first part of the
- In this episode we discuss how to apply
- In this video we go through how to solve a sequential game via
In-Depth Information on Lecture 8 Backward Induction
MIT 14.12 Economic Applications of Game Theory, Fall 2025 Instructor: Ian Ball View the complete course: ... This game theory video explains how to solve sequential moves games using Game Theory 101: The Complete Textbook on Amazon: ... At the end of this
In this episode we describe the concept of One Deviation property. It is a short-cut method we use (very much like
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