Subgame perfect equilibrium
IN GAME THEORY, A REFINEMENT OF A NASH EQUILIBRIUM USED IN DYNAMIC GAMES
Subgame perfection; Subgame perfect nash equilibrium; Subgame perfect Nash equilibrium; Subgame perfect; Subgame-perfect Nash equilibrium; SPNE; Sub-game perfect Nash equilibrium; Subgame-perfect equilibrium
In game theory, a subgame perfect equilibrium (or subgame perfect Nash equilibrium) is a refinement of a Nash equilibrium used in dynamic games. A strategy profile is a subgame perfect equilibrium if it represents a Nash equilibrium of every subgame of the original game.