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Perfect Information Games where Each Player Acts Only Once

Listed author(s):
  • Cingiz, Kutay

    (General Economics 0 (Onderwijs))

  • Flesch, Janos

    (QE / Mathematical economics and game the)

  • Herings, P. Jean-Jacques

    (General Economics 1 (Micro))

  • Predtetchinski, Arkadi

    (General Economics 1 (Micro))

We study perfect information games played by an infinite sequence of players, each acting only once in the course of the game. We introduce a class of frequency-based minority games and show that these games admit no subgame perfect ϵ-equilibrium for small positive values of ϵ. Furthermore we derive a number of sufficient conditions to guarantee existence of subgame perfect ϵ-equilibrium.

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File URL: https://cris.maastrichtuniversity.nl/portal/files/5676862/content
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Paper provided by Maastricht University, Graduate School of Business and Economics (GSBE) in its series Research Memorandum with number 036.

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Date of creation: 2016
Handle: RePEc:unm:umagsb:2016036
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