Artikel

On the three-person game baccara banque

Baccara banque is a three-person zero-sum game parameterized by 0 E 2 (0; 1). A study of the game by Downton and Lockwood claimed that the Nash equilibrium is of only academic interest. Their preferred alternative is what we call the independent cooperative equilibrium. However, this solution exists only for certain 0. A third solution, which we call the correlated cooperative equilibrium, always exists. Under a "with replacement" assumption as well as a simplifying assumption concerning the information available to one of the players, we derive each of the three solutions for all 0.

Language
Englisch

Bibliographic citation
Journal: Games ; ISSN: 2073-4336 ; Volume: 6 ; Year: 2015 ; Issue: 2 ; Pages: 57-78 ; Basel: MDPI

Classification
Wirtschaft
Subject
baccara banque
baccara à deux tableaux
three-person game
sampling with replacement
Nash equilibrium
independent cooperative equilibrium
correlated cooperative equilibrium

Event
Geistige Schöpfung
(who)
Ethier, Stewart N.
Lee, Jiyeon
Event
Veröffentlichung
(who)
MDPI
(where)
Basel
(when)
2015

DOI
doi:10.3390/g6020057
Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Ethier, Stewart N.
  • Lee, Jiyeon
  • MDPI

Time of origin

  • 2015

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