Repeated Games with Absorbing States
Kohlberg, Elon
Ann. Statist., Tome 2 (1974) no. 1, p. 724-738 / Harvested from Project Euclid
A zero-sum two person game is repeatedly played. Some of the payoffs are "absorbing" in the sense that, once any of them is reached, all future payoffs remain unchanged. Let $v_n$ denote the value of the $n$-times repeated game, and let $v_\infty$ denote the value of the infinitely-repeated game. It is shown that $\lim v_n$ always exists. When the information structure is symmetric, $v_\infty$ also exists and $v_\infty = \lim v_n$.
Publié le : 1974-07-14
Classification:  Game theory,  repeated games,  stochastic games,  absorbing states,  stopping rules,  90D20,  90D05
@article{1176342760,
     author = {Kohlberg, Elon},
     title = {Repeated Games with Absorbing States},
     journal = {Ann. Statist.},
     volume = {2},
     number = {1},
     year = {1974},
     pages = { 724-738},
     language = {en},
     url = {http://dml.mathdoc.fr/item/1176342760}
}
Kohlberg, Elon. Repeated Games with Absorbing States. Ann. Statist., Tome 2 (1974) no. 1, pp.  724-738. http://gdmltest.u-ga.fr/item/1176342760/