Game theory equilibrium concepts

Sequential equilibrium

Sequential equilibrium is a refinement of Nash Equilibrium for extensive form games due to David M. Kreps and Robert Wilson. A sequential equilibrium specifies not only a strategy for eachof the players but also a belief for each of the players. A belief gives, for each information set of the game belonging to the player, a probability distribution on the nodes in the information set. A profile of strategies and beliefs is called an assessment for the game.Informally speaking, an assessment is a perfect Bayesian equilibrium if its strategies are sensible given its beliefs and its beliefs are confirmed on the outcome path given by its strategies. The definition of sequential equilibrium further requires that there be arbitrarily small perturbations of beliefs and associated strategies with the same property. (Wikipedia).

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Shifts in Equilibrium

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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16 Equilibrium Constants

Senior Chemistry lesson on reaction kinetics and what the equilibrium constant represents and how to calculate.

From playlist Chemistry

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2D Equilibrium -- Balancing Games

How does everything even out? Learn what 2D Equilibrium is and how it effects the balance of life. License: Creative Commons BY-NC-SA More information at http://k12videos.mit.edu/terms-conditions

From playlist Measurement

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Introduction to Equilibrium | Statics

https://goo.gl/y06Ang for more FREE video tutorials covering Engineering Mechanics (Statics & Dynamics) The objectives of this video are to briefly discuss about equilibrium and relate equilibrium concepts to finding reaction forces. Basically equilibrium refers to analysis of forces subj

From playlist SpoonFeedMe: Engineering Mechanics (Statics & Dynamics)

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IB Equilibrium

IB Chemistry SL lesson on equilibrium

From playlist IB Chemistry

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Heterogeneous Equilibrium - Homogeneous Equilibrium

Watch more videos on http://www.brightstorm.com/science/chemistry SUBSCRIBE FOR All OUR VIDEOS! https://www.youtube.com/subscription_center?add_user=brightstorm2 VISIT BRIGHTSTORM.com FOR TONS OF VIDEO TUTORIALS AND OTHER FEATURES! http://www.brightstorm.com/ LET'S CONNECT! Facebook ► h

From playlist Chemistry

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When do linear systems have solutions?

How to determine the solution structure to a linear system of simultaneous equations. Several examples are discussed.

From playlist Intro to Linear Systems

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Equilibrium Systems

Watch more videos on http://www.brightstorm.com/science/chemistry SUBSCRIBE FOR All OUR VIDEOS! https://www.youtube.com/subscription_center?add_user=brightstorm2 VISIT BRIGHTSTORM.com FOR TONS OF VIDEO TUTORIALS AND OTHER FEATURES! http://www.brightstorm.com/ LET'S CONNECT! Facebook ► h

From playlist Chemistry

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How an Equilibrium Constant varies with Temperature - Thermodynamics - Physical Chemistry

Deriving a quantitative relationship to show how an equilibrium constant varies with temperature and so showing were Le Chatelier's Principle comes from in this context. Along the way, the Gibbs-Helmholtz van't Hoff equations are derived and used. My video for deriving the thermodynamics

From playlist Introductory Thermodynamics

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Perfect conditional epsilon-equilibria of multi-stage games with infinite sets of signals & actions

Distinguished Visitor Lecture Series Perfect conditional epsilon-equilibria of multi-stage games with infinite sets of signals and actions Philip J. Reny The University of Chicago, USA

From playlist Distinguished Visitors Lecture Series

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Game Theory of Pride & Prejudice Ch.6: Filling Out Payoffs in a Strategic Disagreement

In this video, I show you how to come up with payoffs from scratch to use in a game theory analysis of a strategic disagreement. The example we use is the disagreement between Elizabeth and Charlotte in Ch. 6 of Jane Austen’s book, Pride and Prejudice. Charlotte thinks women should exagg

From playlist Summer of Math Exposition Youtube Videos

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Kousha Etessami: The complexity of computing a quasi perfect equilibrium for n player extensive form

We study the complexity of computing/approximating several classic refinements of Nash equilibrium for n-player extensive form games of perfect recall EFGPR, including perfect, quasi-perfect, and sequential equilibrium. We show that, for all of these refinements, approximating one such equ

From playlist HIM Lectures: Trimester Program "Combinatorial Optimization"

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Jules Hedges - compositional game theory - part IV

Compositional game theory is an approach to game theory that is designed to have better mathematical (loosely “algebraic” and “geometric”) properties, while also being intended as a practical setting for microeconomic modelling. It gives a graphical representation of games in which the flo

From playlist compositional game theory

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Mod-04 Lec-32 Rationalisability and Beliefs

Game Theory and Economics by Dr. Debarshi Das, Department of Humanities and Social Sciences, IIT Guwahati. For more details on NPTEL visit http://nptel.iitm.ac.in

From playlist IIT Guwahati: Game Theory and Economics | CosmoLearning.org Economics

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Lecture 12B : More efficient ways to get the statistics

Neural Networks for Machine Learning by Geoffrey Hinton [Coursera 2013] Lecture 12B : More efficient ways to get the statistics

From playlist Neural Networks for Machine Learning by Professor Geoffrey Hinton [Complete]

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Lecture 12.2 — More efficient ways to get the statistics [Neural Networks for Machine Learning]

Lecture from the course Neural Networks for Machine Learning, as taught by Geoffrey Hinton (University of Toronto) on Coursera in 2012. Link to the course (login required): https://class.coursera.org/neuralnets-2012-001

From playlist [Coursera] Neural Networks for Machine Learning — Geoffrey Hinton

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Nonconvex Minimax Optimization - Chi Ji

Seminar on Theoretical Machine Learning Topic: Nonconvex Minimax Optimization Speaker: Chi Ji Affiliation: Princeton University; Member, School of Mathematics Date: November 20, 2019 For more video please visit http://video.ias.edu

From playlist Mathematics

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What Is Dynamic Equilibrium? | Reactions | Chemistry | FuseSchool

What Is Dynamic Equilibrium? | Reactions | Chemistry | FuseSchool Learn about dynamic equilibrium, the conditions required for dynamic equilibrium to be reached and examples of systems at equilibrium. SUPPORT US ON PATREON https://www.patreon.com/fuseschool SUBSCRIBE to the FuseSchool

From playlist CHEMISTRY: Reactions

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Sequential Stopping for Parallel Monte Carlo by Peter W Glynn

PROGRAM: ADVANCES IN APPLIED PROBABILITY ORGANIZERS: Vivek Borkar, Sandeep Juneja, Kavita Ramanan, Devavrat Shah, and Piyush Srivastava DATE & TIME: 05 August 2019 to 17 August 2019 VENUE: Ramanujan Lecture Hall, ICTS Bangalore Applied probability has seen a revolutionary growth in resear

From playlist Advances in Applied Probability 2019

Related pages

Bayesian game | Perfect Bayesian equilibrium | Admissible decision rule | Subgame perfect equilibrium | Quasi-perfect equilibrium | Proper equilibrium | Information set (game theory) | Trembling hand perfect equilibrium