The sequence method for finding solutions to infinite games: A first demonstrating example (Q795757)
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English | The sequence method for finding solutions to infinite games: A first demonstrating example |
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The sequence method for finding solutions to infinite games: A first demonstrating example (English)
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1985
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A noncooperative infinite game can be approached by a sequence of discrete games. For each game in the sequence, a Nash solution can be found as well as their limit. This idea and procedure was used before as a theoretical device to prove existence of solutions to games with continuous payoffs and recently even for a class of games with discontinuous ones [see \textit{P. Dasgupta} and \textit{E. Maskin}, ''The existence of equilibrium in discontinuous economic games, I: Theory'', ICERD Discussion Paper, London (1982)]. No one, however, used the method for the actual solution of a game. Here, an example demonstrates the methods' usefulness in finding a solution to a two-person game on the unit square with discontinuous payoff functions.
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computational procedure
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discrete approximation
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noncooperative infinite game
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sequence of discrete games
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existence of solutions
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two-person game on the unit square
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discontinuous payoff functions
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