Backward Induction Refers To

Multiple Choice

Backward induction refers to:

A) a procedure for solving a sequential-move game by starting at the beginning of the game tree and finding the optimal decision for the player at each decision point.
B) a procedure for solving a sequential-move game by starting at the end of the game tree and finding the best response function at each decision point.
C) a procedure for solving a sequential-move game by starting at the end of the game tree and finding the player's motives for making the decision at each decision point.
D) a procedure for solving a sequential-move game by starting at the end of the game tree and finding the optimal decision for the player at each decision point.