extensive form game
( plural )
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(game theory) Informally, a representation of a game as a tree of decision nodes, with the game beginning at a unique initial node, and flowing through the tree along a path determined by the players until a terminal node is reached, where play ends and payoffs are assigned to all players; each non-terminal node belongs to a player; that player chooses among the possible moves at that node, each possible move is an edge leading from that node to another node.
extensive form game
Researchers often represent bargaining situations as an extensive form game to capture the order of moves and the information available at each decision node.
Researchers often represent bargaining situations as an extensive form game to capture the order of moves and the information available at each decision node.
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