Abstract
For a reperated zero-sum two-person game with incomplete information discussed by Zamir, it is proved here that {Mathematical expression} where φ (p) is the normal density function evaluated at its p-quantile (i.e. {Mathematical expression} where {Mathematical expression}. Here for 0≤p≤1, (p, 1 -p) is the a priori probability distribution on two states of nature, the actual state of nature is known to the maximizer but not to the minimizer. vn(p) is the minimax value of the game with n stages.
Original language | English |
---|---|
Pages (from-to) | 187-197 |
Number of pages | 11 |
Journal | International Journal of Game Theory |
Volume | 5 |
Issue number | 4 |
DOIs | |
State | Published - Dec 1976 |