Game theory equilibrium concepts
Quasi-perfect equilibrium is a refinement of Nash Equilibrium for extensive form games due to Eric van Damme. Informally, a player playing by a strategy from a quasi-perfect equilibrium takes observed as well as potential future mistakes of his opponents into account but assumes that he himself will not make a mistake in the future, even if he observes that he has done so in the past. Quasi-perfect equilibrium is a further refinement of sequential equilibrium. It is itself refined by normal form proper equilibrium. (Wikipedia).
Equilibrium occurs when the overall state of a system is constant. Equilibrium can be static (nothing in the system is changing), or dynamic (little parts of the system are changing, but overall the state isn't changing). In my video, I'll demonstrate systems in both types of equilibrium,
From playlist Physics
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From playlist Chemistry
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From playlist Measurement
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From playlist Chemistry
Chemical Equilibrium Definition
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From playlist Chemistry
Nash Equilibriums // How to use Game Theory to render your opponents indifferent
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From playlist CHEMISTRY: Reactions
Kousha Etessami: The complexity of computing a quasi perfect equilibrium for n player extensive form
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