This chapter introduces the subgame perfect Nash equilibrium as a refinement of Nash equilibrium in extensive form games. This equilibrium can be obtained by backward induction in extensive form games with perfect information and obtained by a generalized process of backward induction, called subgame perfection, in extensive form games with imperfect information.

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Subgame Perfect Nash Equilibrium

  • Ismail Saglam

摘要

This chapter introduces the subgame perfect Nash equilibrium as a refinement of Nash equilibrium in extensive form games. This equilibrium can be obtained by backward induction in extensive form games with perfect information and obtained by a generalized process of backward induction, called subgame perfection, in extensive form games with imperfect information.