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Repeated games with incomplete information / Robert J. Aumann and Michael B. Maschler with the collaboration of Richard E. Stearns.
Author
Aumann, Robert J.
[Browse]
Format
Book
Language
English
Published/Created
Cambridge, Mass. : MIT Press, [1995], ©1995.
Description
xvii, 342 pages : illustrations ; 24 cm
Details
Subject(s)
Arms control
—
Simulation methods
[Browse]
Disarmament
—
Simulation methods
[Browse]
Game theory
[Browse]
Related name
Maschler, Michael, 1927-2008
[Browse]
Stearns, Richard (Richard E.)
[Browse]
Summary note
During the height of the Cold War, between 1965 and 1968, Robert Aumann, Michael Maschler, and Richard Stearns collaborated on research on the dynamics of arms control negotiations that has since become foundational to work on repeated games. These five seminal papers are collected here for the first time, with the addition of "postscripts" describing many of the developments since the papers were written.
The basic model studied throughout the book is one in which players ignorant about the game being played must learn what they can from the actions of the others.
Bibliographic references
Includes bibliographical references (p. [323]-333) and index.
Contents
Ch. 1. Game Theoretic Aspects of Gradual Disarmament. 2. A Case When a Player Cannot Benefit in the Long Run from His Information. 3. A Case When a Player Should Disclose His Information. 4. A Case When a Player Should Partially Disclose His Information. 5. The Main Theorem. 6. The Optimal Strategy of Player 2
7. Conclusions. 8. Where Do We Go From Here?
Postscript a Martingales
Postscript b Convexity and Concavity as Monotonicity in Information
Postscript c The Error Term
Postscript d Optimal Strategies of the Uninformed Player
Postscript e Monotonicity of v[subscript n] and the Recursive Structure of [actual symbol not reproducible]
Ch. 2. Repeated Games with Incomplete Information: A Survey of Recent Results. 2. Repeated Games and the Problem of Information. 3. Lack of Information on One Side - Stage Games in Normal Form. 4. Lack of Information on Both Sides. 5. Incomplete Knowledge of Moves
6. Further Problems.
Postscript a Incomplete Information on Both Sides: lim v[subscript n]
Postscript b Incomplete Information on Both Sides: The Limit of the Discounted Values
Postscript c The Conceptual Distinction Between [actual symbol not reproducible]: Generalities
Postscript d The Conceptual Distinction Between [actual symbol not reproducible]: Incomplete Information
Postscript e Non-Zero Sum Games
Postscript f Discounting
Postscript g Continuous Time
Postscript h Alternative Definitions of Value, Maxmin, and Minmax in [actual symbol not reproducible]
Postscript i Incomplete Information on Both Sides: The Dependent Case
Postscript j Incomplete Information on One-and-a-Half Sides
Ch. 3. A Formal Information Concept for Games with Incomplete Information
Ch. 4. Repeated Games of Incomplete Information: The Zero-Sum Extensive Case. 2. Motivation. 3. The Mathematical Model. 4. Examples. 5. The Infinite-Stage Game and its Relation to the n-Stage Games.
6. Statement of the Main Theorem: The Value of the Infinite-Stage Game. 7. Proof of the Main Theorem
Postscript a Monotonicity of v[subscript n] and the Informed Player's Information Matrices
Postscript b Remembering One's Own Moves
Postscript c Optimal Strategies for the Uninformed Player
Postscript d The Case When P2 Knows His Payoff
Postscript e The Error Term
Postscript f Incomplete Information on Both Sides
Postscript g Both Players Have Incomplete Information and Know Their Own Payoffs
Postscript h Identical Information
Postscript i Games Without a Recursive Structure
Ch. 5. Repeated Games of Incomplete Information: An Approach to the Non-Zero-Sum Case. 2. Equilibrium Points and Equilibrium Payoffs in a 2-Player One-Shot Game. 3. Equilibrium Payoffs of an Infinitely-Repeated 2-Player Game with Complete Information. 4. Repeated Games with Incomplete Information. 5. The Possibility of Cheating. 6. Joint Plans. 7. More Equilibrium Points. 8. More Equilibrium Payoffs.
Postscript a Existence of Equilibria
Postscript b The Folk Theorem and Individual Rationality
Postscript c Characterization of Equilibria: Background
Postscript d Characterization of Equilibria: Geometric Preliminaries
Postscript e Characterization of Equilibria: Precise Formulation
Postscript f Characterization of Equilibria: Outline of Hart's Proof
Postscript g An Economic Example Requiring Unboundedly Many Communications
Postscript h Known Own Payoffs
Postscript i Communication Equilibria
Postscript j Perturbations.
Show 39 more Contents items
ISBN
0262011476 (alk. paper)
LCCN
94033653
OCLC
31207627
RCP
C - S
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Repeated games with incomplete information / Robert J. Aumann and Michael B. Maschler with the collaboration of Richard E. Stearns.
id
999893173506421
Repeated games with incomplete information / Robert J. Aumann and Michael B. Maschler with the collaboration of Richard E. Stearns.
id
SCSB-8563887