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-   -   game theory homework help: on-equilibrium and off-equilibrium? (http://archives1.twoplustwo.com/showthread.php?t=385562)

fluorescenthippo 04-22-2007 06:40 PM

game theory homework help: on-equilibrium and off-equilibrium?
 
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

fluorescenthippo 04-22-2007 06:46 PM

Re: game theory homework help: on-equilibrium and off-equilibrium?
 
and in case you are rusty

SPE - subgame perfect equilibrium
1SDP - one step deviation property


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