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Lecture 13 - Sequential Games: Moral Hazard, Incentives, and Hungry Lions

Yale Open Courses ECON 159: Game Theory by William Sheppard

Jun 6, 201801:10:32Education

We consider games in which players move sequentially rather than simultaneously, starting with a game involving a borrower and a lender. We analyze the game using “backward induction.” The game features moral hazard: the...

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Lecture 13 - Sequential Games: Moral Hazard, Incentives, and Hungry Lions is an episode from Yale Open Courses ECON 159: Game Theory by William Sheppard. We consider games in which players move sequentially rather than simultaneously, start...

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This episode belongs to Yale Open Courses ECON 159: Game Theory.

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Published Jun 6, 2018, 01:10:32 long, audio available.

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