Question

A player that starts at the end of the game and progresses to the first move...

A player that starts at the end of the game and progresses to the first move to determine best responses

A.

is using the Stackelberg Strategy.

B.

is acting irrationally.

C.

?doesn't understand how to play a game.

D.

is using backward induction.

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Answer #1

A player that starts at the end of the game and progresses to the first move to determine best responses (D) is using backward induction.

Backward induction is the process of deducing backwards from the end of a problem to infer a sequence of optimal actions in a game theory.It starts at the final step and anticipates what moves the last player will make in a two player game and also what moves just before that will lead to it.The process continues backwards until one can determine the best actions for every possible situation.

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