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Minimizing regret : the general case

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Author Info
Rustichini, A. (Tilburg University, Center for Economic Research)
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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Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 41.

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

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  1. 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. [Downloadable!] (restricted)
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