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
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