Sion's minimax theorem and Nash equilibrium of symmetric multi-person zero-sum game

We will show that Sion's minimax theorem is equivalent to the existence of Nash equilibrium in a symmetric multi-person zero-sum game. If a zero-sum game is asymmetric, maximin strategies and minimax strategies of players do not correspond to Nash equilibrium strategies. However, if it is symmetric, the maximin strategy and the minimax strategy constitute a Nash equilibrium.

MoreLess

Year of publication:	2017-10-24
Authors:	Satoh, Atsuhiro ; Tanaka, Yasuhito

More details

Type of publication:	Book / Working Paper
Language:	English
Notes:	Satoh, Atsuhiro and Tanaka, Yasuhito (2017): Sion's minimax theorem and Nash equilibrium of symmetric multi-person zero-sum game.
Classification:	C72 - Noncooperative Games
Source:	BASE

Persistent link: https://www.econbiz.de/10015257920