Advanced30 min
Backward Induction and Subgame Perfection
Solving trees from the leaves up, subgame-perfect equilibrium, credible versus empty threats, and the centipede paradox.
Assumes you know
Not yet written
This lesson is on the syllabus but has no text yet
The full curriculum is published up front so you can see the whole route and its dependencies. Lessons are being written in curriculum order.
What it will cover
- backward induction
- subgame perfect
- credibility
- centipede