@11.24 probably meant to say, if player 1 is 'weak'
@UmeshRR8 жыл бұрын
This vedio is not helping me much. How can we find the equilibrium when the probabilities are not given?
@wolfgangi5 жыл бұрын
6:38 that's an error right, it cannot be sub game perfect because there is an incredible threat.
@Debreu3 жыл бұрын
The point is that subgame perfect equilibrium doesn't capture credibility in this game. Subgame perfection is defined in terms of induced equilibria in subgames, not some informal notion of credible threats.
@habibrahman21011 жыл бұрын
Nice video, helped immensely with my microecon class. Thanks!