Chapter

Equilibrium in Extensive Form Games

James Bergin

in Microeconomic Theory

Published in print May 2005 | ISBN: 9780199280292
Published online July 2005 | e-ISBN: 9780191602498 | DOI: http://dx.doi.org/10.1093/0199280290.003.0010
 Equilibrium in Extensive Form Games

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Equilibrium in extensive form games is considered. Covers Nash equilibrium, perfect equilibrium, sequential equilibrium, and perfect Bayesian equilibrium. The classic chain store paradox example is discussed to illustrate.

Keywords: equilibrium refinements; Extensive for games; perfection; sequential equilibrium; the chain store paradox

Chapter.  9117 words.  Illustrated.

Subjects: Microeconomics

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