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The order in which players move (or lack thereof) is another easy way to classify games. Play-ers all make their move at the same time in a simultaneous game. Contrarily, in a sequential game, only one player may move at any given time. Some games may not necessarily fall into either of these categories.

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Properties of payo§s: 1 Player 1 is happy if player 2 accepts the gift: 1 In the case of a Friendly type, he is just happy because of altruism. 2 In the case of an Enemy type, he enjoys seeing how player 2 unwraps a box with a frog inside! 2 Both types of player 1 prefer not to make a gift (obtaining a payo§ of 0), rather than making a gift that is rejected (with a

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Repeated games • Repeated games: given a simultaneous-move game G, a repeated game of G is an extensive game with perfect information and simultaneous moves in which a history is a sequence of action profiles in G. I will denote the repeated game, if repeated T times, as GT. • G is often called a stage game(阶段博弈), and GT is called a

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