BACKWARD INDUCTION: MERITS AND FLAWS
Backward induction (BI) was one of the earliest methods developed for solving finite sequential games with perfect information. It proved to be especially useful in the context of Tom Schelling’s ideas of credible versus incredible threats. BI can be also extended to solve complex games that include...
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Format: | Article |
Language: | English |
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Sciendo
2017-06-01
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Series: | Studies in Logic, Grammar and Rhetoric |
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Online Access: | http://www.degruyter.com/view/j/slgr.2017.50.issue-1/slgr-2017-0016/slgr-2017-0016.xml?format=INT |