Search Results - subject:"STOCHASTIC GAMES"

VIEILLE, Nicolas; SOLAN, Eilon - HEC Paris (École des Hautes Études Commerciales) - 2001

We survey recent results on the existence of the value in zero-sum stopping games with discrete and continuous time, and on the existence of e-equilibria in non zero-sum games with discrete time.

Persistent link: https://www.econbiz.de/10005011677

Characterization of correlated equilibria in stochastic games

Solan, Eilon - In: International Journal of Game Theory 30 (2001) 2, pp. 259-277

A general communication device is a device that at every stage of the game receives a private message from each player, and in return sends a private signal to each player; the signals the device sends depend on past play, past signals it sent, and past messages it received. <p> An autonomous...</p>

Persistent link: https://www.econbiz.de/10005598477

Equilibrium Selection in Stochastic Games

Herings, P. Jean-Jacques; Peeters, Ronald J.A.P. - EconWPA - 2001

Persistent link: https://www.econbiz.de/10005118581

Majority Rule in a Stochastic Model of Bargaining

Eraslan, H.; Merlo, A. - C.V. Starr Center for Applied Economics, Department of … - 2000

In this paper we consider multilateral stochastic bargaining models with general agreement rules. For n-player games where in each period a player is randomly selected to allocate a stochastic level of surplus and q=n players have to agree on a proposal to induce its acceptance, we characterize...

Persistent link: https://www.econbiz.de/10005605732

The Maxmin of Recursive Games with Incomplete Information on one Side

Rosenberg, Dinah; Vieille, Nicolas - Université Paris-Dauphine (Paris IX) - 2000

We prove the existence of the maxmin of zero-sum recursive games with one sided information.

Persistent link: https://www.econbiz.de/10010706571

Solvable States in n-player Stochastic Games

Vieille, Nicolas - Université Paris-Dauphine (Paris IX) - 2000

We prove that, in every stochastic game with finitely many states and actions, there exists at least one state, starting from which an equilibrium payoff exists. This is achieved by proving that there exists a solvable set. This generalizes to an arbitrary number of players a result due to...

Persistent link: https://www.econbiz.de/10010707414

Optimal strategies in a class of zero-sum ergodic stochastic games

Nowak, Andrzej S. - In: Computational Statistics 50 (1999) 3, pp. 399-419

In this paper we study zero-sum stochastic games with Borel state spaces. We make some stochastic stability assumptions … prove the existence of optimal stationary strategies for the players in the expected average payoff stochastic games. We … also provide a first result on overtaking optimality in zero-sum stochastic games. Copyright Springer-Verlag Berlin …

Persistent link: https://www.econbiz.de/10010847651

Sensitive equilibria for ergodic stochastic games with countable state spaces

Nowak, Andrzej S. - In: Mathematical Methods of Operations Research 50 (1999) 1, pp. 65-76

We consider stochastic games with countable state spaces and unbounded immediate payoff functions. Our assumptions on … strategies in some classes of zero-sum stochastic games. By sensitive optimality we mean overtaking or 1-optimality. We also … provide a new Nash equilibrium theorem for a class of ergodic nonzero-sum stochastic games with denumerable state spaces …

Persistent link: https://www.econbiz.de/10010949950

Optimal strategies in a class of zero-sum ergodic stochastic games

Nowak, Andrzej S. - In: Mathematical Methods of Operations Research 50 (1999) 3, pp. 399-419

Persistent link: https://www.econbiz.de/10010950072

A decomposition approach for undiscounted two-person zero-sum stochastic games

Avsar, Zeynep Müge; Baykal-Gürsoy, Melike - In: Mathematical Methods of Operations Research 49 (1999) 3, pp. 483-500

Two-person zero-sum stochastic games are considered under the long-run average expected payoff criterion. State and … algorithm is introduced for solving two-person zero-sum stochastic games: First, the state space is decomposed into maximal …

Persistent link: https://www.econbiz.de/10010999546