Arbeitspapier

Random-Player Games

This paper introduces games of incomplete information in which the number, as well as the identity, of the participating players is determined by chance. The participation of certian players may not be independent of the participation of others, and hence the very fact that a particular player was chosen to play may give that player a clue as to the number and the identity of the other players chosen. However, players have to choose their strategies before the identity of the other players is fully revealed to them and thus, effectively, before they know whether or not they will take part in the game. Pure-strategy, mix-strategy, and correlated equilibria of random-player games are defined. These definitions extend the corresponding definitions for finite games, Bayesian games with consistent beliefs, and Poisson games-all of which can be seen as special cases of random-player games. Sufficient conditions for the existence of pure and mixed-strategy equilibria are given.

Language
Englisch

Bibliographic citation
Series: Discussion Paper ; No. 1178

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Milchtaich, Igal
Event
Veröffentlichung
(who)
Northwestern University, Kellogg School of Management, Center for Mathematical Studies in Economics and Management Science
(where)
Evanston, IL
(when)
1997

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Milchtaich, Igal
  • Northwestern University, Kellogg School of Management, Center for Mathematical Studies in Economics and Management Science

Time of origin

  • 1997

Other Objects (12)