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Perfect Information Games where Each Player Acts Only Once

Publication Year :
2016
Publisher :
Maastricht University, Graduate School of Business and Economics, 2016.

Abstract

We study perfect information games played by an infinite sequence of players, each acting only once in the course of the game. We introduce a class of frequency-based minority games and show that these games admit no subgame perfect ϵ-equilibrium for small positive values of ϵ. Furthermore we derive a number of sufficient conditions to guarantee existence of subgame perfect ϵ-equilibrium.

Details

Language :
English
Database :
OpenAIRE
Accession number :
edsair.od........83..c3129de4bc688f3f4320f5413a2c939a
Full Text :
https://doi.org/10.26481/umagsb.2016036