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8 Cards in this Set

  • Front
  • Back

Seq-Move Games with Imperfect Information (Nature)

-Infor này là tính chất tự nhiên của E, nên M ko biết đc


*Number of strategy:


- E: {out, in1, in2} = 3 strategies


- M: {f, acc} = 2 strategies


( vì đây là seq-move game with imperfect infor, nên M ko có 4 strategies)


Subgame Perfection and Incomplete Info

-h5, h6 ko phải subgame


- node: điểm giao

-Tìm pure-stratergy NE (NE)


-Are they subgame perfect?

-Kẻ bảng


-if there is only one subgame--> all NE are subgame perfect


-if there are more than one subgame?

- find pure-strategy perfect Bayesian equilibria (PBE)

- any PBE is also a NE--> just need to find appropriate beliefs that supporting NE


-PBE consist of a strategy profile


s = (s1, ..., sN ) and a system of beliefs µ = (µ1, ..., µN )


( s is sequentially rational, µ is consistent)


-xét từng NE đã tìm đc:



Find PBE (contious)


- xét từng NE vừa tìm đc theo 2 bc

- sequential-move game:


d) By finding appropriate beliefs for the players, show that the NE can be also PBE