Title :
Thinking Backward with Professor Zermelo
Author :
Wooldridge, Michael
Author_Institution :
Univ. of Oxford, Oxford, UK
Abstract :
This column discusses extensive form games and shows how backward induction can be used to analyze such games. It also discusses some of the apparent paradoxes that can arise when using backward induction to analyze games.
Keywords :
game theory; backward induction; extensive form games; game theory; Game theory; Games; Induction; Nash equilibrium; Zermelo´s algorithm; Zermelo´s theorem; backward induction; centipede game; extensive form game; intelligent systems; kidnap game;
Journal_Title :
Intelligent Systems, IEEE
DOI :
10.1109/MIS.2015.36