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Sub Game Method | Game Theory | 2x3 or 3x2 Game Theory | Game Theory in Operation Research in Hindi In game theory, a subgame is a smaller game that is part of a larger game. Subgame theory is the study of how to find equilibria in subgames, and how these equilibria relate to the larger game What is a subgame? A subgame is a self-contained subset of a game that starts at a specific node It includes all possible moves and outcomes that follow from that node It doesn't depend on the previous history of the game How do you find a subgame equilibrium? You can use backward induction to find the equilibrium in a subgame A Nash equilibrium is subgame perfect if it's a Nash equilibrium in every subgame of the game What are some examples of subgames? In the ultimatum game, the whole game is the only subgame In chess, there are many subgames that start at different positions on the board In an international crisis, a subgame could be the decision of whether to make a demand I hope this video will help you understand the concept of Sub game method of game theory in Operation Research. Thanks JOLLY Coaching ******************************************************************** Our Social Media Handles Twitter: / coachingjolly Instagram:- https://www.instagram.com/jollycoachi... Facebook :- / jolly.coaching.5 Link for Economics Channel:- / @economicsbyjollycoaching1329 Telegram Group Link:- (JOLLY Coaching Class - 12) https://t.me/JOLLYCoaching1 Link for all Other Videos: MACROECONOMICS (Chapter Wise) :- • Macroeconomics | Class 12 | Chapter-Wise C... Indian Economic Development (Chapter wise topics) :- • Indian Economic Development | Class 12 | C... Link for 12th Accountancy {Complete Course} • Accounting for Partnership Firm Class 12 |... Link for Business Studies 1st Part with written notes:- • 12th Business Studies | 12th Business Stud... game theory operation research game theory operations research dominance method game theory operations research problems game theory operations research numerical game theory operations research playlist game theory operations research mixed strategy game theory operations research saddle point game theory operations research kauser wise