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Lecture 5(Zhenfa Xie)教学教材.ppt
Lecture 5 Sequential Games and Backward Induction;A Game: Cash in A Hat (Toy Version of Lender and Borrower);Sequential Move Game;A Game: Cash in A Hat;Backward Induction;Moral Hazard;Incentive Design;Incentive Design;Collateral;Commitment Strategy;破釜沉舟;Commitment Strategy;Homework 1 Burning a bridge;Lion game;Stackelberg’s Duopoly Game Constant Unit Cost and Linear Inverse Demand;Basic Assumptions;Backward induction;Conclusion;Lessons;First-mover advantage;The Game of Nim;Definitions;Entry Game;Entry Game;Example 1;Example 1;Example 2;Example 2;The strategic form of the entry game and its Nash equilibriums;Chain-store Paradox;Entry Game in Market k;Chain-store Paradox;Chain-store Paradox; 兵临城下;Duel Game;Duel Game;Duel Game;Duel Game;Duel Game;Duel Game;Duel Game;Lessons;Bargaining;The ultimatum game;;Backward induction;Conclusion;Extensions of the ultimatum game;Backward induction;Conclusion;A finite horizon game with alternating offers and impatient players;Backward Induction;Conclusion;;An infinite horizon game with alternating offers and impatient players;Stationary;;Subgame perfect equilibrium;Proposition;Properties of subgame perfect equilibrium;Properties of subgame perfect equilibrium;Properties of subgame perfect equilibrium;5海盗分宝石;5海盗分宝石;5海盗分宝石;5海盗分宝石
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