4.1 — Subgame Perfection — Class Content

Wednesday November 3, 2021.

Overview

Today we begin looking at the role of credibility and commitment in affecting games. In order to do so, we must first return to sequential games, and learn a new solution concept, subgame perfect Nash equilibrium (SPNE).

Readings

  • Chs. 10 in Dixit, Skeath, and Riley (textbook)

Slides

Below, you can find the slides in two formats. Clicking the image will bring you to the html version of the slides in a new tab. Note while in going through the slides, you can type h to see a special list of viewing options, and type o for an outline view of all the slides.

The lower button will allow you to download a PDF version of the slides. I suggest printing the slides beforehand and using them to take additional notes in class (not everything is in the slides)!

4.1-slides

Download as PDF

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