Useful Concepts in Game Theory

In this section we provide several discussions of Non-cooperative Game Theory.

• The concept of Equilibrium and some solution concepts - motivates the concept of equilibrium. Different solution methods for reaching an equilibrium, like Nash Equilibrium. Backward Induction, etc are also covered in this section.
• The common Mistakes in Game Theory - Some typical mistakes that one runs into while learning the theory
• The difference between Complete and Incomplete Information
• The difference between Simultaneous and Dynamic Games
• Extensive Form Games