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Open Yale Courses | Game Theory | Lecture 13 - Sequential Games: Moral Hazard, Incentives, and Hungr
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日期：2024-05-31
We consider games in which players move sequentially rather than simultaneously, starting with a game involving a borrower and a lender. We analyze the game using "backward induction." The game features moral hazard: the borrower will not repay a large lo...看更多
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