博弈论第三讲 SPE 复旦大学 王永钦.pptVIP

Spring,2007, Fudan June 4, 2003 Lecture 12 Dynamic Games of Complete Information Yongqin Wang, CCES, Fudan Fall, 2007 Outline of dynamic games of complete information Dynamic games of complete information Extensive-form representation Dynamic games of complete and perfect information Game tree Subgame-perfect Nash equilibrium Backward induction Applications Dynamic games of complete and imperfect information More applications Repeated games Entry game An incumbent monopolist faces the possibility of entry by a challenger. The challenger may choose to enter or stay out. If the challenger en