Genericity and Markovian Behavior in Stochastic Games
This paper examines Markov Perfect equilibria of general, finite state stochastic games. Our main result is that the number of such equilibria is finite for a set of stochastic game payoffs with full Lebesgue measure. We further discuss extensions to lower dimensional stochastic games like the alternating move game.
|Date of creation:||27 Jan 1999|
|Date of revision:||03 Jun 1999|
|Note:||Type of Document - Acrobat pdf file; prepared on IBM PC - PC- TEX; to print on Acrobat PDF Writer; pages: 25 ; figures: included.|
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