Idealisation and the Centipede What is the Significance of the Backward Induction Theorem?

Abstract

As we see it the appeal of game theory stems from its ability to supply solutions for a wide variety of decision problems that can be represented as games, in the abstract, theoretical sense of the word. One form of strategic reasoning appreciated for its applicability as well as for its simplicity is the principle of backward induction. This template… (More)

Topics

1 Figure or Table

Cite this paper

@inproceedings{Johansson2003IdealisationAT, title={Idealisation and the Centipede What is the Significance of the Backward Induction Theorem?}, author={Mats Johansson and Martin Palm{\'e}}, year={2003} }