Article ID: | iaor19982902 |
Country: | Germany |
Volume: | 26 |
Issue: | 3 |
Start Page Number: | 303 |
End Page Number: | 314 |
Publication Date: | Jan 1997 |
Journal: | International Journal of Game Theory |
Authors: | Thuijsman F., Vrieze K., Flesch J. |
We examine a three-person stochastic game where the only existing equilibria consist of cyclic Markov strategies. Unlike in two-person games of a similar type, stationary ϵ-equilibria (ϵ>0) do not exist for this game. Besides we characterize the set of feasible equilibrium rewards.