Sequential games: moral hazard, incentives, and hungry lions [Game theory]

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Autor(es): dc.creatorPolak, Ben-
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Descrição: dc.descriptionPresents a class with professor at Yale University, Ben Polak. In this class, professor Polak suggests a game which the borrower will not repay a large loan and then analysis using "backward induction." Professor Ben and his students discuss two possibles remedies for this kind of problem considering commitment strategies such as burning boats-
Descrição: dc.descriptionEducação Superior::Ciências Sociais Aplicadas::Economia-
Idioma: dc.languageen-
Publicador: dc.publisherYale University, Open Yale Courses-
Relação: dc.relationSequential games.mp3-
Direitos: dc.rightsYale University 2009. Some rights reserved. Unless otherwise indicated in the applicable Credits section of certain lecture pages, all content on this web site is licensed under a Creative Commons License. Please refer to the Credits section to determine whether third-party restrictions on the use of content apply-
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Palavras-chave: dc.subjectLoan-
Palavras-chave: dc.subjectEconomy-
Palavras-chave: dc.subjectBackward induction-
Palavras-chave: dc.subjectEducação Superior::Ciências Sociais Aplicadas::Economia::Teoria Econômica-
Título: dc.titleSequential games: moral hazard, incentives, and hungry lions [Game theory]-
Tipo de arquivo: dc.typeáudio-
???dc.description2???: dc.description2To learn about the idea of backward induction-
???dc.description3???: dc.description3Duration: 1 h, 10 min, 32 s. To hear this resource its necessary the instalation of Quick time. Available at: <>-
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