Kilgour, D.M.; Brams, S.J. - C.V. Starr Center for Applied Economics, Department of … - 1996
A cornerstone of game theory is backward induction, whereby players reason backward from the end of a game in extensive form to the beginning in order to determine what choices are rational at each stage of play. Truels, or three-person duels, are used to illustrate how the outcome can depend on...
