Sequence of Moves and the Extensive Form

Manfred J. Holler () and Barbara Klose-Ullmann
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Manfred J. Holler: University of Hamburg
Barbara Klose-Ullmann: Center of Conflict Resolution

Chapter Chapter 5 in Scissors and Rock, 2020, pp 75-95 from Springer

Abstract: Abstract The chapter discusses the extensive form of a game when sequences of moves may matter. In general, the game tree is an adequate representation of the sequential structure of a game. Using the game tree representation, the implications of missing recall, solutions to sharing a cake, and a sequential form of the Battle of Sexes are analysed. Moves can also be ingredients of thought experiments and backward induction can stabilize strategy choices which do not constitute a Nash equilibrium. This is the message of the Theory of Moves discussed in the concluding section of the chapter.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-44823-3_5

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DOI: 10.1007/978-3-030-44823-3_5

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