= Multi-stage game
{wiki=Multi-stage_game}
A multi-stage game is a type of strategic game that takes place over several stages or periods, where players make decisions at each stage that impact the payoffs and strategies of subsequent stages. These games are often analyzed in the context of game theory, and they can be used to model various situations in economics, political science, biology, and other fields where decision-making involves a sequence of actions and reactions.
Back to article page