13. Sequential games: moral hazard, incentives, and hungry lions by Benjamin Polak


13. Sequential games: moral hazard, incentives, and hungry lions   

Introduction to backward induction. is the process of reasoning backwards in time, from the end of a problem or situation, to determine a sequence of optimal actions. It proceeds by first considering the last time a decision might be made and choosing what to do in any situation at that time. Using this information, one can then determine what to do at the second-to-last time of decision. This process continues backwards until one has determined the best action for every possible situation (i.e. for every possible information set) at every point in time.

Each time I watched this video my mind started wandering backwards forward so to speak. Mostly in ways to improve my current thoughts and projects. See the finished project the ideal picture, then work backwards to see what details create the ideal. My friend recently wrote the Eden Series sci fiction. Do I read it, do I allow other thoughts and idea into play. 

I want my family to be happy with my choice and our choices for them and forever. Allow them to experience greatness in any way shape and form they have always wanted. And for me to grant two ideas in turn. 

Brick by Brick Series: Game Theory from from an interesting perspective. 

is on deck.  I attract the best for me and for her and for the world.....god why does it scare me...i want it to excite me. 


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