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Minimizing Regret: The General Case

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  • Rustichini, A.

    (Tilburg University, Center for Economic Research)

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    Abstract

    In repeated games with differential information on one side, the labelling "general case" refers to games in which the action of the informed player is not known to the uninformed, who can only observe a signal which is the random outcome of his and his opponent's action. Here we consider the problem of minimizing regret (in the sense first formulated by Hannan [8]) when the information available is of this type. We give a simple condition describing the approachable set.

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    File URL: http://arno.uvt.nl/show.cgi?fid=3708
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    Bibliographic Info

    Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 1998-41.

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    Date of creation: 1998
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    Handle: RePEc:dgr:kubcen:199841

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    Web page: http://center.uvt.nl

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    1. D. Blackwell, 2010. "Controlled Random Walks," Levine's Working Paper Archive 465, David K. Levine.
    2. Foster, Dean P. & Vohra, Rakesh, 1999. "Regret in the On-Line Decision Problem," Games and Economic Behavior, Elsevier, vol. 29(1-2), pages 7-35, October.
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