• DocumentCode
    2069506
  • Title

    Dynamic supergames on trees

  • Author

    Ou, Hui ; Ye, Zhongxing

  • Author_Institution
    Stat. & Financial Math. Dept., Hunan Normal Univ., Changsha, China
  • Volume
    1
  • fYear
    2010
  • fDate
    10-12 Dec. 2010
  • Firstpage
    340
  • Lastpage
    344
  • Abstract
    A class of discrete-time, dynamic supergames played by infinitely many players on tree is studied. Each player plays a number of two-person games with her neighbors simultaneously and updates her strategy stochastically based on the information from her neighbors´ strategies and the payoff she gets. Under the conditions of the pre-specified updating rules and the transition probabilities, the relevant strategy evolution process of the supersgame is proved to be a reversible Markov chain. The invariant Gibbsian measures which represent the long-run equilibrium plays with binary strategy and symmetric payoffs are obtained. They are well known Ising models on trees which exhibit phase transition phenomena in certain cases.
  • Keywords
    Markov processes; complex networks; econometrics; game theory; trees (mathematics); Gibbsian measure; Ising model; Markov chain; discrete time dynamic supergame; dynamic supergame; invariant measure; stochastic strategy; transition probability; Lead; Q measurement; Markov chain; equilibrium; invariant measure; phase transition; supergame; tree;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Progress in Informatics and Computing (PIC), 2010 IEEE International Conference on
  • Conference_Location
    Shanghai
  • Print_ISBN
    978-1-4244-6788-4
  • Type

    conf

  • DOI
    10.1109/PIC.2010.5687436
  • Filename
    5687436