fluorescenthippo
04-22-2007, 06:40 PM
I have no idea what on and off equilibrium are. I have be going to lecture and I couldn't find anything in the index of our text book or much on google.
my homework problem is:
Problem 5: Explain what “On Equilibirum” and “Off Equilibirum” mean (for any game, not just the Prisoners’ Dilemma) and why one needs to use the 1-SDP for both of these phases to verify whether a strategy profile is an SPE.
also, she spelled them wrong so idk what is going on.
any help would be great, thanks, its due april 23rd
my homework problem is:
Problem 5: Explain what “On Equilibirum” and “Off Equilibirum” mean (for any game, not just the Prisoners’ Dilemma) and why one needs to use the 1-SDP for both of these phases to verify whether a strategy profile is an SPE.
also, she spelled them wrong so idk what is going on.
any help would be great, thanks, its due april 23rd