Repeated games with \(M\)-period bounded memory (pure strategies) (Q1300377): Difference between revisions
From MaRDI portal
Set profile property. |
ReferenceBot (talk | contribs) Changed an Item |
||
Property / cites work | |||
Property / cites work: Q5834367 / rank | |||
Normal rank | |||
Property / cites work | |||
Property / cites work: The Folk Theorem in Repeated Games with Discounting or with Incomplete Information / rank | |||
Normal rank | |||
Property / cites work | |||
Property / cites work: Q5684568 / rank | |||
Normal rank | |||
Property / cites work | |||
Property / cites work: Normal Recurring Decimals / rank | |||
Normal rank | |||
Property / cites work | |||
Property / cites work: Q3351186 / rank | |||
Normal rank | |||
Property / cites work | |||
Property / cites work: Equilibrium in supergames with the overtaking criterion / rank | |||
Normal rank | |||
Property / cites work | |||
Property / cites work: Q3309631 / rank | |||
Normal rank |
Revision as of 21:08, 28 May 2024
scientific article
Language | Label | Description | Also known as |
---|---|---|---|
English | Repeated games with \(M\)-period bounded memory (pure strategies) |
scientific article |
Statements
Repeated games with \(M\)-period bounded memory (pure strategies) (English)
0 references
19 November 2001
0 references
The author formulates and establishes (i) sufficiency conditions for stationary equilibria, (ii) sufficiency conditions for nonstationary \(M\)-memory subgame perfect equilibrium (SPE), and (iii) necessary conditions for \(M\)-memory SPE. In other words, this paper provides a characterization for the set of \(M\)-period memory pure SPE strategies, when the set of actions is finite. The results indicate that the size of SPE set expands very fast as the memory increases, and expands slowly as the action spaces expands.
0 references
repeated games
0 references
bounded rationality
0 references
memory
0 references