Multi-stage game
In game theory, a multi-stage game is a sequence of several simultaneous games played one after the other.[1]
This is a generalization of a repeated game: a repeated game is a special case of a multi-stage game, in which the stage games are identical.
References
- ↑ Steve Tadelis. "Multi-Stage Games" (PDF). Retrieved 6 October 2016.
- Fudenberg, Drew; Tirole, Jean (1991). Game theory. Cambridge, Massachusetts: MIT Press. ISBN 9780262061414. Book preview.
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