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Games In Extensive Form (Some parts taken from a lecture by Ashish Rastogi, Keshav Kunal and lectures by Kevin LeytonBrown) An extensive game is an explicit description of the sequential structure
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How to fill out games in extensive formdoc

01
To fill out games in extensive formdoc, follow these steps:
02
Identify the players involved in the game.
03
Determine the order of play. This will help in representing the game on a timeline.
04
Create a decision tree to represent the actions and choices available to each player at each stage of the game.
05
Label the branches of the decision tree with the actions available to each player.
06
Assign payoffs or outcomes to each terminal node of the decision tree.
07
Add information sets to the decision tree to represent situations where a player has imperfect information about the game.
08
Fill in any missing payoffs or outcomes based on the rules and logic of the game.
09
Review and verify the completed extensive formdoc to ensure accuracy and coherence.

Who needs games in extensive formdoc?

01
Games in extensive formdoc are needed by:
02
- Game theorists and economists for analyzing strategic decision-making in various fields such as economics, politics, and business.
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- Researchers and academics studying game theory and its applications.
04
- Game designers and developers who need to model and represent the rules and mechanics of complex games.
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- Decision-makers and strategists who want to analyze and plan their actions in a competitive environment.
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- Students and learners studying game theory and its practical applications in different disciplines.
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Games in extensive form are a way to represent strategic interactions using a tree structure, where players' choices are depicted at different decision points.
Individuals or entities engaged in strategic decision-making scenarios that require analysis of sequential moves and outcomes may be required to file games in extensive form.
To fill out games in extensive form, draw a tree representing the players, their choices, and possible outcomes, and then detail the payoffs associated with each outcome.
The purpose of games in extensive form is to analyze and illustrate the dynamics of decision-making in strategic situations, helping to predict outcomes and optimize strategies.
The information required typically includes players involved, choices available, sequences of actions, outcome payoffs, and the structure of the game.
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