Game Theory Concepts

Key Concepts You Need to Know:

1. Game Trees
    A. Backward Induction

2. Simultaneous Moves
    A. Pure Strategy Nash Equilibrium (PSNE)
    B. Cell by Cell Inspection
    C. Dominant Strategies
    D. Dominated Strategies
        i. Weak Versus Strictly Dominance
    E. Multiple Equilibria in PSNE
    F. No Equilibrium in PSNE

3. A. Zero Sum Game Vs. Non-Zero Sum Game