Finite Extensive Form Games
Hans Peters
Chapter 4 in Game Theory, 2015, pp 51-69 from Springer
Abstract:
Abstract Most games derived from economic or political situations have in common with most parlor games (like card games and board games) that they are not ‘one-shot’: players move sequentially, and one and the same player may move more often than once. Such games are best described by drawing a decision tree which tells us whose move it is and what a player’s information is when that player has to make a move.
Keywords: Nash Equilibrium; Pure Strategy; Subgame Perfect Equilibrium; Decision Node; Game Tree (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-662-46950-7_4
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DOI: 10.1007/978-3-662-46950-7_4
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