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Published in:
2007 | OriginalPaper | Chapter
Finite Dynamic Games
Published in: Game Theory
Publisher: Springer London
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So far we have considered static games in which decisions are assumed to be made simultaneously (or, at least, in ignorance of the choices made by the other players). However, there are many situations of interest in which decisions are made at various times with at least some of the earlier choices being public knowledge when the later decisions are being made. These games are called
dynamic games
because there is an explicit time-schedule that describes when players make their decisions.