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Y2 - Strategy

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17tentamens

Lectures

Week 7

Universiteit van Amsterdam · Economics and Business Economics

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Week 7
Lecture 7
1. Nash Equilibrium vs Subgame Perfect Equilibrium
Subgame Perfect Equilibrium (SPE)
2. Incredible Threats
3. Repeated Prisoner’s Dilemma
4. Cooperation in Repeated Games
5. Grim Trigger Strategy (Modified Version)
6. One-Deviation Property
Definition
7. Checking Grim Trigger Strategy
8. Step I - Cooperation Phase
9. Sustainability Condition
10. Interpretation
11. Step II - Punishment Phase
13. Checking Any Time Period
14. Grim Trigger Strategy Variant 2 (GTS 2)
15. Why GTS 2 Fails
16. Tit-for-Tat Strategy
17. Tit-for-Tat vs Grim Trigger

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