On a Markov Game with One-Sided Incomplete Information
25 Pages Posted: 4 Nov 2009
Date Written: November 3, 2009
We apply the average cost optimality equation to zero-sum Markov games, by considering a simple game with one-sided incomplete information that generalizes an example of Aumann and Maschler (1995). We determine the value and identify the optimal strategies for a range of parameters.
Keywords: Repeated game with incomplete information, Zero-sum games, Partially observable Markov decision processes
JEL Classification: C72, C73
Suggested Citation: Suggested Citation