41. Basics of Game Theory: Extensive Form Games and Backward Induction
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Uploaded by intromediateecon on Mar 12, 2010
This video introduces the method of backward induction to solve for the subgame perfect equilibrium of an extensive form game with complete information.
I demonstrate how to use backward induction on two similar games that have very divergent outcomes.
For a list of videos and links to these videos (organized by topic), check out the Intromediate Microeconomics video web page:
http://blog.thisyoungeconomist.com/p/learn-microeconomics.html
- 77 likes, 1 dislikes
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THANK YOU SO MUCH!
vigelic 4 months ago
DOG THANK YOU..i might get a f+ now
DRDANKIES 4 months ago
Don't know if you're a professor, teacher, grad student, undergrad student, or whatever, but you SHOULD be teaching CLASSES on this. You just clarified approximately 3 weeks of college level teaching. Thank you.
jdog25140 4 months ago 2
Hi, this video was VERY intuitive, good luck with your PHD
flyingbeagles 6 months ago
AHA! TY
flyingbeagles 6 months ago
Thank you very much for making these videos!
BloodEredar 8 months ago
HELPED A LOT!
rym21 8 months ago
tomorrow I have the exam I wish I had watched the videos earlier instead of wasting hours reading the stupid lecture notes of my swedish prof
Afsoon2009 9 months ago
awesome video! very helpful stuff.
mikeliu 1 year ago
@jin37uk he reminded me of him,too :)) maybe because of his gestures and mimics :)
wraine999 1 year ago