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Notes on Extensive Form Games y ECON 201B Game Theory GuillermOreodo EZ UCLA January 25, 2006 1 Extensive Form Games So far we have restricted attention to normal form games, where a player s strategy

How to fill out notes on extensive form

How to fill out notes on extensive form:

1. Start by understanding the concept of extensive form in game theory. Extensive form is a way to represent games in which players make decisions sequentially, creating a tree-like structure with different branches and outcomes.
2. Begin by carefully observing the game being played and identifying the key decision points and information available at each stage. This involves understanding the players involved, their strategies, and the possible outcomes.
3. Take note of the actions taken by each player at each decision point. This includes recording the choices made, any information revealed, and the resulting outcomes or payoffs.
4. Use clear and concise language when writing the notes. It should be easy to understand and follow for anyone reading them later.
5. Organize the notes in a systematic manner, ensuring that they reflect the logical flow of the game and the sequence of events. This can be done by using bullet points or creating a table structure.
6. Include any additional information or observations that may be relevant to understanding the game. This can include potential strategies, patterns of behavior, or any other noteworthy details.
7. Review and revise the notes as necessary to ensure accuracy and clarity. It's important to double-check the information recorded to avoid any confusion or errors.

Who needs notes on extensive form?

1. Researchers and academics studying game theory and strategic decision-making would benefit from having notes on extensive form. These notes can serve as a valuable reference for analyzing and understanding various games and their outcomes.
2. Students learning about game theory or taking courses in economics or mathematics may find notes on extensive form helpful in studying and grasping the concepts involved. These notes can provide a clear and concise representation of complex game situations.
3. Professionals working in industries where strategic decision-making is crucial, such as business, finance, or consulting, may find notes on extensive form useful for analyzing competitive situations and formulating effective strategies.

In summary, filling out notes on extensive form requires a deep understanding of the game being played, careful observation of decision points and outcomes, clear and concise language, systematic organization, and periodic review and revision. These notes can be beneficial for researchers, students, and professionals working in strategic decision-making fields.

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