Incomplete information and risk sensitive analysis of sequential games without a predetermined order of turns

Title:

Incomplete information and risk sensitive analysis of sequential games without a predetermined order of turns

Creator:

Becerril-Borja, Rubén and Montes-de-Oca, Raúl

Identifier:

https://cdk.lib.cas.cz/client/handle/uuid:ee9c8e0c-e7a2-4ae9-935d-63842f319af0
uuid:ee9c8e0c-e7a2-4ae9-935d-63842f319af0
doi:10.14736/kyb-2021-2-0312

Subject:

incomplete information, sequential game, risk sensitive, and turn selection process

Type:

model:article and TEXT

Format:

bez média and svazek

Description:

The authors introduce risk sensitivity to a model of sequential games where players don't know beforehand which of them will make a choice at each stage of the game. It is shown that every sequential game without a predetermined order of turns with risk sensitivity has a Nash equilibrium, as well as in the case in which players have types that are chosen for them before the game starts and that are kept from the other players. There are also a couple of examples that show how the equilibria might change if the players are risk prone or risk adverse.

Language:

English

Rights:

http://creativecommons.org/licenses/by-nc-sa/4.0/
policy:public

Coverage:

312-331

Source:

Kybernetika | 2021 Volume:57 | Number:2

Harvested from:

CDK

Metadata only:

false