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Sunspot equilibrium in positive recursive general quitting games

Author

Listed:
  • Eilon Solan

    (Tel Aviv University)

  • Omri N. Solan

    (Tel Aviv University)

Abstract

We prove that positive recursive general quitting games, which are quitting games in which (a) each player has a single quitting action and possibly several continue actions, (b) the stage payoff as long as quitting does not occur is 0, and (c) the payoff when quitting occurs is non-negative, admit a sunspot $$\varepsilon $$ ε -equilibrium, for every $$\varepsilon > 0$$ ε > 0 .

Suggested Citation

  • Eilon Solan & Omri N. Solan, 2021. "Sunspot equilibrium in positive recursive general quitting games," International Journal of Game Theory, Springer;Game Theory Society, vol. 50(4), pages 891-909, December.
    • Handle: RePEc:spr:jogath:v:50:y:2021:i:4:d:10.1007_s00182-021-00773-1
    DOI: 10.1007/s00182-021-00773-1
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    References listed on IDEAS

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    10. Eilon Solan & Omri N. Solan, 2020. "Quitting Games and Linear Complementarity Problems," Mathematics of Operations Research, INFORMS, vol. 45(2), pages 434-454, May.
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