Backward induction is the process of determining a sequence of optimal choices by reasoning from the endpoint of a problem or situation back to its beginning...

realistic. In dynamic games, backward induction can be used to eliminate unrealistic Nash equilibria. Backward induction assumes that players are rational...

Well-Ordering" (PDF). York University. Retrieved 28 May 2023. "Forward-Backward Induction | Brilliant Math & Science Wiki". brilliant.org. Retrieved 23 October...

introductory game theory courses and texts to highlight the concept of backward induction and the iterated elimination of dominated strategies, which show a...

(simpler) subgames to find a solution to the game, in a process called backward induction. In chess, it is called retrograde analysis, and it is used to generate...

rules of arithmetic but employs the rarely used technique of forward-backward-induction. It is essentially from Augustin Louis Cauchy and can be found in...

game therefore backward induction does not provide the minmax theorem in this game. Backward induction is a process of reasoning backward in time. It is...

is backward induction, where one starts by analyzing the last actions the final mover should take to maximize his/her utility and works backward. While...

Word-sense induction Backward induction in game theory and economics Induced representation, in representation theory Mathematical induction, a method...

complete game tree can be generated, a deterministic algorithm, such as backward induction or retrograde analysis can be used. Randomized algorithms and minmax...

that might arise. The standard solution technique for such games is backward induction, where players reason from the end of the game toward the beginning...

Tragedy of the commons Uncorrelated asymmetry Equilibrium Concepts Backward induction Bayes correlated equilibrium Bayesian efficiency Bayesian game Bayesian...

decision tree. To solve any extensive form game, backward induction must be used. It involves working backward up the game tree to determine what a rational...

solution concept. Mertens stable equilibria satisfy both forward induction and backward induction. In a game theory context stable equilibria now usually refer...

between two compelling strategies: the logically sound approach of backward induction prescribed by classical game theory, and the intuitively appealing...

equilibria that rely on non-credible threats can be eliminated through backward induction; the remaining equilibria are called subgame perfect Nash equilibria...

stage game equilibrium in each round. This can be deduced through backward induction. The unique stage game Nash equilibrium must be played in the last...

every subgame, that players have no incentive to deviate from. Using backward induction, we see that in the final stage, the responder will always accept...

C i ( q i ) {\displaystyle C_{i}(q_{i})} . The model is solved by backward induction. The leader considers what the best response of the follower is, i...

Tragedy of the commons Uncorrelated asymmetry Equilibrium Concepts Backward induction Bayes correlated equilibrium Bayesian efficiency Bayesian game Bayesian...

perfect information for which the equilibrium can be found through backward induction. Several papers have solved the optimal strategy for particular spin...

and Augustin Louis Cauchy's proof of that inequality via forward-backward induction—a method that can also be used to prove the Ky Fan inequality. This...

{\displaystyle X} . Muddy children puzzle can also be solved using backward induction from game theory. Muddy children puzzle can be represented as an extensive...

such games, a subgame perfect equilibrium can be determined through backward induction, a process of working from the end of the game back to the start to...

find viable strategies. In dynamic games with complete information, backward induction is the solution concept, which eliminates non-credible threats as...

Tragedy of the commons Uncorrelated asymmetry Equilibrium Concepts Backward induction Bayes correlated equilibrium Bayesian efficiency Bayesian game Bayesian...

nodes at the highest move-depth is precisely the tree-complexity). Backward induction will use both memory and time proportional to the state-space complexity...

Tragedy of the commons Uncorrelated asymmetry Equilibrium Concepts Backward induction Bayes correlated equilibrium Bayesian efficiency Bayesian game Bayesian...

Tragedy of the commons Uncorrelated asymmetry Equilibrium Concepts Backward induction Bayes correlated equilibrium Bayesian efficiency Bayesian game Bayesian...

Tragedy of the commons Uncorrelated asymmetry Equilibrium Concepts Backward induction Bayes correlated equilibrium Bayesian efficiency Bayesian game Bayesian...