Abstract
For a class of 2-Person 0-sum repeated games with incomplete information, Aumann/Masch1er [1967] and Stearns [1967] have given a necessary and sufficient condition for the existence of v∞ (the value of the infinitely repeated game). Mertens/Zamir [1971] and Mertens [1971/72] have given the formula (and thus proved the existence) of {Mathematical expression} vn, the limit of the values of the games with n repetitions, for a much larger class of games than that treated by Aumann/Maschler and Steams. In this paper we extend the Aumann-Maschler-Stearns results to the larger family of games studied by Mertens [1971/72].
Original language | English |
---|---|
Pages (from-to) | 201-215 |
Number of pages | 15 |
Journal | International Journal of Game Theory |
Volume | 9 |
Issue number | 4 |
DOIs | |
State | Published - Dec 1980 |