Playing games with bounded entropy
Mehrdad Valizadeh and
Amin Gohari
Games and Economic Behavior, 2019, vol. 115, issue C, 363-380
Abstract:
We study zero-sum repeated games in which the maximizer (player or team) is restricted to strategies with limited randomness. Particularly, we analyze the maxmin payoff of the maximizer in two models: the first model forces the maximizer to randomize her actions just by conditioning them to the outcomes of an observed random source. In the second model, the maximizer is a team of players who are free to privately randomize their corresponding actions but do not have access to any explicit source of shared randomness needed for coordination. While prior works adopted the method of types to address these problems, we use the idea of random hashing being the core of randomness extractors. In addition, we use a tool for simulation of a source from another source. Utilizing these tools, we simplify and generalize the earlier results. We also study the computational aspects of the solution for the first model.
Keywords: Repeated games; Bounded entropy; Randomness extraction; Source simulation; Entropy minimization; Information theory (search for similar items in EconPapers)
JEL-codes: C72 D83 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S089982561930048X
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:gamebe:v:115:y:2019:i:c:p:363-380
DOI: 10.1016/j.geb.2019.03.013
Access Statistics for this article
Games and Economic Behavior is currently edited by E. Kalai
More articles in Games and Economic Behavior from Elsevier
Bibliographic data for series maintained by Catherine Liu ().