Game Theory 101 (#19): Multiple Subgame Perfect Equilibria

Game Theory 101: The Complete Textbook on Amazon: https://www.amazon.com/Game-Theory-10... http://gametheory101.com/courses/game... Occasionally, extensive form games can have multiple subgame perfect equilibria. This lecture provides an example and explains why indifference plays an important role here. We also learn how to solve extensive form games with simultaneous move games embedded in them.