Perfect equilibria in stochastic games

We examine stochastic games with finite state and action spaces. For the beta -discounted case, as well as for the irreducible limiting average case, we show the existence of trembling-hand perfect equilibria and give characterizations of those equilibria. In the final section, we give an example wh...

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Veröffentlicht in:Journal of optimization theory and applications 1991-05, Vol.69 (2), p.311-324
Hauptverfasser: THUIJSMAN, F, TIJS, S. H, VRIEZE, O. J
Format: Artikel
Sprache:eng
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Zusammenfassung:We examine stochastic games with finite state and action spaces. For the beta -discounted case, as well as for the irreducible limiting average case, we show the existence of trembling-hand perfect equilibria and give characterizations of those equilibria. In the final section, we give an example which illustrates that the existence of stationary limiting average equilibria in a nonirreducible stochastic game does not imply the existence of a perfect limiting average equilibrium.
ISSN:0022-3239
1573-2878
DOI:10.1007/BF00940646