Borel stay-in-a-set games (Q1434481)
From MaRDI portal
scientific article
Language | Label | Description | Also known as |
---|---|---|---|
English | Borel stay-in-a-set games |
scientific article |
Statements
Borel stay-in-a-set games (English)
0 references
7 July 2004
0 references
The authors consider an \(n\)-person stochastic game with a Borel state space and compact metric action sets. Under some measurability and continuity conditions, the following holds: If the payoff to each player \(i\) is 1 or 0 according to whether or not the stochastic process stays forever in a given Borel set \(G_i\) then there exists a Nash \(\varepsilon\)-equilibrium for every \(\varepsilon>0\). The case \(n=1\) leads to a gambling problem and is treated in greater detail.
0 references
\(n\)-person stochastic games
0 references
Nash equilibrium
0 references
Borel sets
0 references
gambling
0 references