Two-person repeated games with finite automata

Abraham Neyman*, Daijiro Okada

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

23 Scopus citations

Abstract

We study two-person repeated games in which a player with a restricted set of strategies plays against an unrestricted player. An exogenously given bound on the complexity of strategies, which is measured by the size of the smallest automata that implement them, gives rise to a restriction on strategies available to a player. We examine the asymptotic behavior of the set of equilibrium payoffs as the bound on the strategic complexity of the restricted player tends to infinity, but sufficiently slowly. Results from the study of zero sum case provide the individually rational payoff levels.

Original languageEnglish
Pages (from-to)309-325
Number of pages17
JournalInternational Journal of Game Theory
Volume29
Issue number3
DOIs
StatePublished - Nov 2000

Keywords

  • Finite automata
  • Repeated games

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