Repeated games with bonuses (Q927221): Difference between revisions
From MaRDI portal
Created a new Item |
Added link to MaRDI item. |
||
links / mardi / name | links / mardi / name | ||
Revision as of 17:37, 30 January 2024
scientific article
Language | Label | Description | Also known as |
---|---|---|---|
English | Repeated games with bonuses |
scientific article |
Statements
Repeated games with bonuses (English)
0 references
4 June 2008
0 references
The authors discuss a model of learning and unlearning in infinitely repeated games, in which player 1 receives a bonus, if he plays the same action as in the previous stage. The expected average reward is used as a performance (criterion) measure. The authors show that the game has a value and give conditions for the existence of the so-called simple strategy for player 1. Then, they characterize the set of stationary optimal strategies for player 2.
0 references
Noncooperative games
0 references
Repeated games
0 references
Stochastic games
0 references
Optimal strategies
0 references