ON THE CENTIPEDE GAME

Authors
Citation
Rj. Aumann, ON THE CENTIPEDE GAME, Games and economic behavior, 23(1), 1998, pp. 97-105
Citations number
4
Categorie Soggetti
Economics
Journal title
ISSN journal
08998256
Volume
23
Issue
1
Year of publication
1998
Pages
97 - 105
Database
ISI
SICI code
0899-8256(1998)23:1<97:>2.0.ZU;2-Z
Abstract
In Rosenthal's Centipede Game, if at the start of play it is commonly known that the players will choose rationally at vertices that are act ually reached, then the backward induction outcome results; that is, t he first player ''goes out'' at the first move. (C) 1998 Academic Pres s.