Lecture 15 - Backward Induction: Chess, Strategies, and Credible Threats

Yale Open Courses ECON 159: Game Theory by William Sheppard

We first discuss Zermelo’s theorem: that games like tic-tac-toe or chess have a solution. That is, either there is a way for player 1 to force a win, or there is a way for player 1 to force a tie, or there is a way for p...View more