Exploring Lecture 8 Backward Induction
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- In this episode we discuss how to apply
- Financial Theory (ECON 251) In the first part of the
- Game Theory (ECON 159) We develop a simple model of bargaining, starting from an ultimatum game (one person makes the ...
- At the end of this
- 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 (ECON 159) We first discuss Zermelo's theorem: that games like tic-tac-toe or chess have a solution. That is, either ... Game Theory 101: The Complete Textbook on Amazon: ...
In this episode, I explain sequential games and the game tree and show how we can use
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