Game Theory Foundations · Dynamic games
Sequential games & backward induction
When players move in turn, solve from the end: figure out the last mover's choice, then the one before. This exposes empty threats and shows why commitment is power.
Step 1 of 7 · Overview30 min read ·
Key idea
Prereqs: Nash equilibrium. Next: Repeated games & cooperation. Yale ECON 159 Lectures 13–16; Schelling *The Strategy of Conflict*.Next: 1. Game trees