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(A) What does it mean to use backward induction or rollback to predict the play of a sequential-move game? What (implicit or explicit) assumptions

 

(A) What does it mean to use "backward induction" or "rollback" to predict the play of a sequential-move game? What (implicit or explicit) assumptions are being made? When is the use of this technique most appropriate? (B) Document a situation in which backward induction (or rollback) explains the outcome, and also an example of a situation in which the outcome deviated from the prediction. For the second case, why did the prediction fail?

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A Backward Induction or Rollback in SequentialMove Games Meaning of Backward Induction Backward induction also known as rollback is a method used to solve sequentialmove games games where players make ... blur-text-image

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