Title of article :
You play (an action) only once
Author/Authors :
Karl H. Schlag، نويسنده , , Aner Sela، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1998
Abstract :
Consider an N-player normal form game played repeatedly in which each player should choose each strategy exactly one time (payoffs are aggregated). Such “play only once” situations occur naturally in the context of scheduling. Assume that each player has the same number of strategies. Then, regardless of the playersʹ preferences, for each player to mix uniformly in each round over his remaining strategies constitutes a subgame perfect equilibrium.
Keywords :
repeated games , Subgame perfect equilibrium
Journal title :
Economics Letters
Journal title :
Economics Letters