Economics, Econometrics and Finance
4 years ago

Winning strategy revealed: How to dominate repeated zero-sum games!

RePEc: Research Papers in Economics
Equilibrium Outcomes in Repeated Two-Person, Zero-Sum Games
Guilherme Carmona

Paper Summary

The article discusses how outcomes in repeated games depend on the preferences of players and the stage-game payoffs. It shows that a subgame perfect outcome occurs when all components are Nash equilibria in the stage game.

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