You play (an action) only once

Karl H. Schlag, Aner Sela

Research output: Contribution to journalArticlepeer-review

3 Scopus citations

Abstract

Consider an N-player normal form game played repeatedly in which each player should choose each strategy exactly one time (payoffs are aggregated). Such "play only once" situations occur naturally in the context of scheduling. Assume that each player has the same number of strategies. Then, regardless of the players' preferences, for each player to mix uniformly in each round over his remaining strategies constitutes a subgame perfect equilibrium.

Original languageEnglish
Pages (from-to)299-303
Number of pages5
JournalEconomics Letters
Volume59
Issue number3
DOIs
StatePublished - 1 Jun 1998
Externally publishedYes

Keywords

  • C72
  • Repeated games
  • Subgame perfect equilibrium

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