Definition of Subgame. Meaning of Subgame. Synonyms of Subgame

- In game theory, a subgame perfect equilibrium (SPE), or subgame perfect Nash equilibrium (SPNE), is a refinement of the Nash equilibrium concept, specifically...
- In game theory, a subgame is any part (a subset) of a game that meets the following criteria (the following terms allude to a game described in extensive...
- published it. Friedman's (1971) Theorem concerns the payoffs of certain subgame-perfect Nash equilibria (SPE) of an infinitely repeated game, and so strengthens...
- induction is subgame perfection. Backward induction ****umes that all ****ure play will be rational. In subgame perfect equilibria, play in every subgame is rational...
- analysis. In game theory, a variant of backward induction is used to compute subgame perfect equilibria in sequential games. The difference is that optimization...
- based on threats that are not 'credible'. In 1965 Reinhard Selten proposed subgame perfect equilibrium as a refinement that eliminates equilibria which depend...
- game constitutes a subgame perfect equilibrium. An SPE is a Nash equilibrium where no player has an incentive to deviate in any subgame. It is closely related...
- another means of commitment. The Stackelberg model can be solved to find the subgame perfect Nash equilibrium or equilibria (SPNE), i.e. the strategy profile...
- condition called subgame perfection equilibrium (SPE). The game can be viewed as having two subgames that repeat themselves: the subgame where the proposer...
- {\displaystyle S\subsetneq N} be a non-empty coalition of players. The subgame v S : 2 S → R {\displaystyle v_{S}:2^{S}\to \mathbb {R} } on S {\displaystyle...