STEM

# Game Theory 101

151 CQ
36 Lessons
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4 CQ
16. Subgame Perfect Equilibrium
A lesson with William Spaniel

How does game theory change when opponents make sequential rather than simultaneous moves? Learn about subgame equilibrium and credible threats.

How does game theory change when opponents make sequential rather than simultaneous moves? Learn about subgame equilibrium and credible threats.

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Free
3 CQ
17. Backward Induction
A lesson with William Spaniel

War: what is it good for? Learn to use backward induction to determine each player's optimal strategy in deciding between peace and escalation to war.

War: what is it good for? Learn to use backward induction to determine each player's optimal strategy in deciding between peace and escalation to war.

• Playing
Free
2 CQ
18. Do's and Don'ts of Subgame Equilibria
A lesson with William Spaniel

Learn how not to write a subgame perfect equilibrium: avoid the classic blunders such as omitting strategies that are off the equilibrium path of play.

Learn how not to write a subgame perfect equilibrium: avoid the classic blunders such as omitting strategies that are off the equilibrium path of play.

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Free
5 CQ
19. Multiple Subgame Perfect Equilibria
A lesson with William Spaniel

Most game theory scenarios have one subgame equilibrium, but if players are indifferent due to equal payoff, there can be multiple subgame perfect equilibria.

Most game theory scenarios have one subgame equilibrium, but if players are indifferent due to equal payoff, there can be multiple subgame perfect equilibria.

• Playing
Free
3 CQ
20. Tying Hands: Making Credible Threats
A lesson with William Spaniel

Learn when and why to burn your bridges (i.e., limit your own options) in this lesson on creating credible threats in subgame equilibrium game theory.

Learn when and why to burn your bridges (i.e., limit your own options) in this lesson on creating credible threats in subgame equilibrium game theory.

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