Topics for Midterm

Topics for Midterm - Ch2 Extensive Form Games how to draw a...

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Ch2 Extensive Form Games, how to draw a game tree given a strategic situation, drawing and understanding information sets, definition of strategy, Normal Form games, how to come up with a normal form game from a strategic situation, changing from extensive form to normal form, properties (perfect recall, can’t change game, player’s perceptions of payoffs), how to write strategies in extensive form games (write out each decision at each node or information set, using slashes to separate them) Ch3 Definitions of dominant strategy, strict dominance, solving a game when players are rational, weak dominance, solving a game when rationality is common knowledge, how to do IDSDS, dominance solvable games, interpreting IDSDS profiles, how to write strategy profiles (if you put inside parentheses a list of each player’s strategy separated by commas I will be able to tell what you mean) Ch4 Definition of Nash equilibrium, interpretation of NE as outcome when players are rational and have accurate beliefs about others’ strategies, how to find pure-strategy NE
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Topics for Midterm - Ch2 Extensive Form Games how to draw a...

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