A compositional treatment of iterated open games
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Abstract: Compositional Game Theory is a new, recently introduced model of economic games based upon the computer science idea of compositionality. In it, complex and irregular games can be built up from smaller and simpler games, and the equilibria of these complex games can be defined recursively from the equilibria of their simpler subgames. This paper extends the model by providing a final coalgebra semantics for infinite games. In the course of this, we introduce a new operator on games to model the economic concept of subgame perfection.
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Cites work
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Cited in
(11)- Coalgebraic logics \& duality
- Morphisms of open games
- The category of node-and-choice forms, with subcategories for choice-sequence forms and choice-set forms
- Compositional game theory, compositionally
- Compositional game theory with mixed strategies: probabilistic open games using a distributive law
- Compositional game theory
- Bayesian open games
- Diegetic Representation of Feedback in Open Games
- Translating extensive form games to open games with agency
- Specifying a game-theoretic extensive form as an abstract 5-ary relation
- The graphical theory of monads
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