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Title: Incomplete information and risk sensitive analysis of sequential games without a predetermined order of turns (English)
Author: Becerril-Borja, Rubén
Author: Montes-de-Oca, Raúl
Language: English
Journal: Kybernetika
ISSN: 0023-5954 (print)
ISSN: 1805-949X (online)
Volume: 57
Issue: 2
Year: 2021
Pages: 312-331
Summary lang: English
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Category: math
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Summary: 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. (English)
Keyword: incomplete information
Keyword: sequential game
Keyword: risk sensitive
Keyword: turn selection process
MSC: 91A10
MSC: 91A18
MSC: 91A25
idZBL: Zbl 07396269
idMR: MR4273578
DOI: 10.14736/kyb-2021-2-0312
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Date available: 2021-07-30T13:10:27Z
Last updated: 2021-11-01
Stable URL: http://hdl.handle.net/10338.dmlcz/149041
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