Sunspot equilibrium in positive recursive general quitting games

Eilon Solan () and Omri N. Solan ()
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Eilon Solan: Tel Aviv University
Omri N. Solan: Tel Aviv University

International Journal of Game Theory, 2021, vol. 50, issue 4, No 5, 909 pages

Abstract: Abstract We prove that positive recursive general quitting games, which are quitting games in which (a) each player has a single quitting action and possibly several continue actions, (b) the stage payoff as long as quitting does not occur is 0, and (c) the payoff when quitting occurs is non-negative, admit a sunspot $$\varepsilon $$ ε -equilibrium, for every $$\varepsilon > 0$$ ε > 0 .

Keywords: Stochastic games; General quitting games; Undiscounted equilibrium; Sunspot equilibrium; 91A10; 91A15; C72; C73 (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1007/s00182-021-00773-1

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