Game Theory Practice Problem: Simultaneous to Extensive Form; First Mover Advantage

Описание к видео Game Theory Practice Problem: Simultaneous to Extensive Form; First Mover Advantage

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Hi everyone, I had a request for some more game theory videos so in this video I look at a simultaneous move game where we can see a first mover advantage once we put it in extensive form.

Related Video on finding Nash Equilibrium and Dominant Strategies:    • Dominant Strategy, Nash Equilibrium &...  

0:00 Introduction
0:49 Interpretting the Payoff Matric
1:53 Solving for Nash Equilibrium
4:35 Drawing the Game Tree
7:09 Solving for Subgame Perfect Equilibrium
9:46 First Mover Advantage

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