Sequence of opponents and reduced strategies

Citation
Jp. Beaud et S. Sorin, Sequence of opponents and reduced strategies, INT J GAME, 29(3), 2000, pp. 359-364
Citations number
6
Categorie Soggetti
Economics
Journal title
INTERNATIONAL JOURNAL OF GAME THEORY
ISSN journal
00207276 → ACNP
Volume
29
Issue
3
Year of publication
2000
Pages
359 - 364
Database
ISI
SICI code
0020-7276(200011)29:3<359:SOOARS>2.0.ZU;2-U
Abstract
We consider the framework of repeated two-person zero-sum games with lack o f information on one side. We compare the equilibrium payoffs of the inform ed player in two cases: where he is facing either a) a single long-lived un informed player, or b) a sequence of short-lived uninformed players. We sho w: 1) that situation b) is always (weakly) better than a), 2) that it can b e strictly better in some cases, 3) that the two cases are equivalent if th e long uninformed player has an optimal strategy independent of his own mov es.