Unilateral commitments in finitely repeated games (Q2701829)
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scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Unilateral commitments in finitely repeated games |
scientific article |
Statements
30 January 2002
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unilateral commitment
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Nash equilibrium
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finitely repeated games
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Unilateral commitments in finitely repeated games (English)
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The authors define for a game \(G\) and a natural number \(m\) the unilateral commitment game \(U(G^m)\) which consists of a) a move in which both players simultaneously and independently choose a subset of their strategy set (this is called the unilateral commitment), and (b) \(m\) moves of the original game \(G\) restricted to the sets of strategies chosen in step (a). NEWLINENEWLINENEWLINEThen they prove that for each game \(G\) that satisfies certain conditions there is a number \(m\) such that \(U(G^m)\) has a Nash equilibrium.
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