The best sinple example on this topic. Thank you for posting.
@JMRG29923 жыл бұрын
It's impressive none of the videos of extended games form actually do the matrix of payoffs :/ it's so confusing to do them.
@ujjwalsharma72832 жыл бұрын
Thank you, Sir!
@EconomicsinManyLessons2 жыл бұрын
You are welcome!
@andreanicole70354 жыл бұрын
I can't hear your audio
@rafaelnava67413 жыл бұрын
Thank you for the amazing video
@ecitb30053 ай бұрын
Very helpful. Thank you
@evlivin4god666 Жыл бұрын
Thank you thank you soooo muchhh😅 finally understand
@brendanreeves96453 ай бұрын
But what if player 2 irreversibly 'locks in' his right choice somehow. Assume he writes his move down on a piece of paper, shows it to player 1, and submits his move in advance, thereby locking in 'right.' Now the game actually would be changed for Player 1 no? So perhaps player 2 has some leverage to win after all.
@finneserrrАй бұрын
that’s not rational for one
@brendanreeves9645Ай бұрын
@@finneserrrhow so? If player two hypothetically ‘locks’ their move as right in advance irreversibly and player one knows this. At that point, P1 can play left and both get 0, or play right and win 5 while P2 wins 10, which he should do assuming he’s maximizing personal gain. How is this not a logical strategy for P2? Reminds me of nuclear deterrent strategy.
@katherinejohns9974 Жыл бұрын
I understand the theory of SPNE (I knew it would come to 10,5 ) but I am stuck on the notation. Would the SPNE be represented as (Left, (Left, Right)) meaning player 1 plays left and player 2 plays left unless player 1 plays right then player 2 plays right? PLS HELP
@finneserrrАй бұрын
do yk now??
@danishmaqbool87423 жыл бұрын
Sir, plz can u share some pdf note on this topic, that is your utmost kindness.