Mixed-strategy Nash equilibrium for a discontinuous symmetric N-player game

DOI10.1088/1751-8121/AAA883MaRDI QIDQ5374101zbMATH OpenOpenAlexFDO

Authors C. Appert-Rolland, H. J. Hilhorst

Publication date 6 April 2018

Published in Journal of Physics A: Mathematical and Theoretical (Search for Journal in Brave)

Full work available at URL https://arxiv.org/abs/1710.09462

zbMATH Keywords

Nash equilibriumexact solutionmultiplayer discontinuous game

Mathematics Subject Classification ID

Noncooperative games (91A10) (n)-person games, (n>2) (91A06) Multistage and repeated games (91A20)

Abstract: We consider a game in which each player must find a compromise between more daring strategies that carry a high risk for him to be eliminated, and more cautious ones that, however, reduce his final score. For two symmetric players this game was originally formulated in 1961 by Dresher, who modeled a duel between two opponents. The game has also been of interest in the description of athletic competitions. We extend here the two-player game to an arbitrary number $N$ of symmetric players. We show that there is a mixed-strategy Nash equilibrium and find its exact analytic expression, which we analyze in particular in the limit of large $N$, where mean-field behavior occurs. The original game with $N=2$ arises as a singular limit of the general case.

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Cited in

(6)

• scientific article; zbMATH DE number 5283686 (Why is no real title available?)
• Nash Equilibrium Payoffs in Mixed Strategies
• Exact asymptotics and continuous approximations for the lowest unique positive integer game
• Nash equilibrium in a stochastic model of two competing athletes
• Binary games with many players
• scientific article; zbMATH DE number 7125125 (Why is no real title available?)

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