Two-person repeated games with finite automata

Two-person repeated games with finite automata

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Article ID: iaor20013506
Country: Germany
Volume: 29
Issue: 3
Start Page Number: 309
End Page Number: 325
Publication Date: Jan 2000
Journal: International Journal of Game Theory
Authors: ,
Abstract:

We study two-person repeated games in which a player with a restricted set of strategies plays against an unrestricted player. An exogenously given bound on the complexity of strategies, which is measured by the size of the smallest automata that implement them, gives rise to a restriction on strategies available to a player. We examine the asymptotic behavior of the set of equilibrium payoffs as the bound on the strategic complexity of the restricted player tends to infinity, but sufficiently slowly. Results from the study of zero sum case provide the individually rational payoff levels.

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