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Equilibrium Refinement in Dynamic Games by leehengseng is a document available to read on EtoBox.

The lecture discusses equilibrium refinement in game theory, focusing on Nash Equilibrium and its limitations, particularly in dynamic settings. It introduces concepts like Trembling Hand Perfect Equilibrium and Subgame Perfect Nash Equilibrium, which provide stricter rationality criteria to predict game outcomes more accurately. The lecture also covers the analysis of repeated games and the implications of contingent strategies on equilibrium outcomes.

Author

leehengseng

Language

EN