The Real Life Chessboard—Sequential Games
Lecture no. 3 from the course: Games People Play: Game Theory in Life, Business, and Beyond
Taught by Professor Scott P. Stevens | 30 min | Categories: The Great Courses Plus Online Economics & Finance Courses
In seeking the optimal strategies for games in which players take turns and where the full history of the game is known to all, you learn how to construct a "game tree" and are introduced to one of game theory's key concepts: the Nash equilibrium.