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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