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Game Theory 10 – chap17. Sequential rationality in games of imperfect information

July 7, 2023July 4, 2023 by sehee

We explain how to define sequential rationality in dynamic Bayesian games and why traditional equilibria (SPE or NE) do not satisfy sequential rationality.

Categories Game Theory Tags beliefs, dynamic bayesian games, game theory, imperfect information, Jul 4 2023, sequential rationality 9 Comments

Game Theory 2 – chap06. Rationalizability

June 3, 2023June 1, 2023 by sehee

Learn about rationalizability, a second way to predict in normal-form games. Examine the difference between 2-player and 3-player games in terms of ISD and BR.

Categories Game Theory Tags beliefs, best response, dominance, game theory, Jun 3 2023, May 29 2023, rationalizability Leave a comment

Game Theory 2 – chap04. Normal-form games, basic concepts

May 28, 2023May 27, 2023 by sehee

Of the three elements of a normal form game, we’ll look at strategy, and how to choose a strategy that maximizes the expected payoff under a given belief.

Categories Game Theory Tags basic concepts, bayesian rationality, beliefs, game theory, May 27 2023, normal-form games, strategy 1 Comment

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