DETERMINATION OF RATIONAL STRATEGIES FOR PLAYERS IN 2-TARGET GAMES

This paper addresses some of the basic issues involved in the determin ation of rational strategies for players in two-target games. We show that unlike single-target games where the task of role assignment and selection of strategies is conceptually straightforward, in two-target games, many factors like the preference ordering of outcomes by playe rs, the relative configuration of the target sets and secured outcome regions, the uncertainty about the parameters of the game, etc., also influence the rational selection of strategies by players. The importa nce of these issues is illustrated through appropriate examples.