A Zero-Sum Stochastic Game with Compact Action Sets and no Asymptotic Value

We give an example of a zero-sum stochastic game with four states, compact action sets for each player, and continuous payoff and transition functions, such that the discounted value does not converge as the discount factor tends to 0, and the value of the n-stage game does not converge as n goes to infinity.

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Year of publication:	2013
Authors:	Vigeral, Guillaume
Institutions:	Université Paris-Dauphine (Paris IX)
Subject:	Compact action sets \| Uniform value \| Asymptotic behavior \| Zero sum stochastic games

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Extent:	application/pdf
Series:	Economics Papers from University Paris Dauphine.
Type of publication:	Book / Working Paper
Notes:	Published in Dynamic Games and Applications, 2013, Vol. 3, no. 2. pp. 172-186.Length: 14 pages
Classification:	C73 - Stochastic and Dynamic Games
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010708475