| Abstract [eng] |
The topic of this paper is Games of Extensive Form. The aim of this paper is to analyse games of extensive form and their application. In order to achieve this aim, the following tasks were formulated: 1. To analyse the concepts by illustrating them with examples. 2. To study Nash equilibrium. 3. To analyse games, referring to the games of extensive form. 4. To introduce some examples of games of extensive form and their application in economics. This paper consists of five sections, including the understanding of the games, definition of games of extensive form, Nash equilibrium, examples of games of extensive form and application tasks. There are also two appendixes included. In the first section the understanding of the games is presented as well as the main concepts of it and the classification of the games. The second section provides the reader with the information consisting of the main concepts of a game tree, in addition to definitions of games of extensive form. The third section defines Nash equilibrium and how can it be found in games of extensive form. In the next section the games Small Crosses – Zeros, Mini Checkers and Stone-Scissors-Paper are analysed with a view to games of extensive form. The last but not least section presents the application in economics of games of extensive form. |
