Introduction to Repeated Games and Sequential Games

Published by Mario Oettler on

In a sequential game, each player acts one after another. You can imagine this like a card game, where one player plays a card on the table, then the next player plays a card, and then the third player plays a card. This means that strategies are executed sequentially. The action of the first player is visible to the following player.

In a repeated game, the complete game is repeated.