- In game theory, a
subgame perfect equilibrium (SPE), or
subgame perfect Nash
equilibrium (SPNE), is a
refinement of the Nash
equilibrium concept, specifically...
- In game theory, a
subgame is any part (a subset) of a game that
meets the
following criteria (the
following terms allude to a game
described in extensive...
-
published it. Friedman's (1971)
Theorem concerns the
payoffs of
certain subgame-perfect Nash
equilibria (SPE) of an
infinitely repeated game, and so strengthens...
-
induction is
subgame perfection.
Backward induction ****umes that all ****ure play will be rational. In
subgame perfect equilibria, play in
every subgame is rational...
- analysis. In game theory, a
variant of
backward induction is used to
compute subgame perfect equilibria in
sequential games. The
difference is that optimization...
-
based on
threats that are not 'credible'. In 1965
Reinhard Selten proposed subgame perfect equilibrium as a
refinement that
eliminates equilibria which depend...
- game
constitutes a
subgame perfect equilibrium. An SPE is a Nash
equilibrium where no
player has an
incentive to
deviate in any
subgame. It is
closely related...
-
another means of commitment. The
Stackelberg model can be
solved to find the
subgame perfect Nash
equilibrium or
equilibria (SPNE), i.e. the
strategy profile...
-
different number of
rounds is also
called a
centipede game. The
unique subgame perfect equilibrium (and
every Nash equilibrium) of
these games results...
- game theory, a Mani****ted Nash
equilibrium or
MAPNASH is a
refinement of
subgame perfect equilibrium used in
dynamic games of
imperfect information. Informally...