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HomeMIT 14.12 Economic Applications of Game Theory, Fall 2025Lecture 10: Subgame-Perfect Nash Equilibrium

Lecture 10: Subgame-Perfect Nash Equilibrium

1:20:41

In this lecture, Ian Ball explains subgame-perfect Nash equilibriums, a strategy profile in which every player’s strategy is optimal not just for the game as a whole, but at every possible decision point (subgame) within the game.