A Note on the Concept of Time in Extensive Games

Shravan Luckraz and Bruno Antonio Pansera
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Bruno Antonio Pansera: Department of Law, Economics and Human Sciences & Decisions Lab, University Mediterranea of Reggio Calabria, I-89124 Reggio Calabria, Italy

Mathematics, 2022, vol. 10, issue 8, 1-4

Abstract: Using the concept of informational digraphs, we propose a “no redundant information sets” property that can characterize the exact class of extensive games which can be time structured. Our result can be applied to define time-dependent solution concepts like the Open-Loop and the Closed-Loop Nash Equilibrium in extensive games with imperfect information.

Keywords: games; Nash Equilibrium; digraphs (search for similar items in EconPapers)
JEL-codes: C (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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