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Meaning of backward induction | Babel Free

Noun CEFR B2

Definitions

The process of reasoning backwards in time, from the end of a problem or situation, to determine a sequence of optimal actions.

uncountable, usually

Examples

“Simple game theory tells us that a process of backward induction should, really, at some point, induce the smart money to get out. And were that to happen, investors really should be prepared to lose everything.”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See all B2 English words →

See also

backward integration backward linkage backward masking backward pass backward pawn backward rationalization

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