Randomized stopping games and Markov market games (Q2465380)
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| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Randomized stopping games and Markov market games |
scientific article |
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Randomized stopping games and Markov market games (English)
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4 January 2008
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This paper is concerned with \(m\)-person nonzero-sum noncooperative sequential games in which radomized stopping times are strategies of the players. The existence of Nash equilibrium and \(\varepsilon\)-equilibrium strategies are discussed within different frameworks. Then the model of a market game is presented. It is a mixture of certain stochastic and stopping games.
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Stopping games
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Stochastic games
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Nash equilibrium
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Markov chain
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