Key_concepts_for_SI_563

Key_concepts_for_SI_563 - Solving extensive form games of...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Key concepts for SI 563  Representation of games:  Strategic form representation  Extensive form representation  Information set   Solving strategic form games of complete information  Dominance  Dominant strategy  Dominated strategy  Dominant strategy equilibrium  Iterated elimination of dominated strategies  Dominance solvable equilibrium  Best response  Nash equilibrium 
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Solving extensive form games of complete information Backward induction Subgame perfect Nash equilibrium Solving strategic form games of incomplete information Expected utility calculation Attitude towards risk Bayesian Nash equilibrium Auctions and their solutions Moral hazard: contract design (Adverse selection)...
View Full Document

This note was uploaded on 12/16/2009 for the course SI 562 taught by Professor Chen during the Fall '08 term at University of Michigan.

Page1 / 2

Key_concepts_for_SI_563 - Solving extensive form games of...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online