6. Perfect Bayesian Equilibrium: Requirement 2 (Sequential Rationality) (Game Theory Playlist 10)

In this episode we describe the second requirement of Perfect Bayesian Equilibrium, also known as Sequential Rationality. We also apply this requirement on an example (a finite game with complete but imperfect information).
It's crucial to watch lecture videos in the proper order to ensure effective learning. This is because the concepts in each video build upon those introduced in previous videos. To help you with this, I recommend visiting my website, www.selcukozyurt.com, for a recommended course outline.