Jointly controlled lotteries with biased coins

Eilon Solan; Omri N. Solan; Ron Solan

doi:10.1016/j.geb.2018.11.008

Jointly controlled lotteries with biased coins

Eilon Solan, Omri N. Solan, Ron Solan

Tel Aviv University

Research output: Contribution to journal › Article › peer-review

Abstract

We study the implementation of a jointly controlled lottery when the coins that are used by the players are exogenously given. We apply this result to show that every quitting game in which at least two players have at least two continue actions has an undiscounted ε-equilibrium, for every ε>0.

Original language	English
Pages (from-to)	383-391
Number of pages	9
Journal	Games and Economic Behavior
Volume	119
DOIs	https://doi.org/10.1016/j.geb.2018.11.008
State	Published - Jan 2020

Keywords

Biased coin
Jointly controlled lotteries
Quitting games
Undiscounted equilibrium
Uniform equilibrium

All Science Journal Classification (ASJC) codes

Finance
Economics and Econometrics

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10.1016/j.geb.2018.11.008

Cite this

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title = "Jointly controlled lotteries with biased coins",

abstract = "We study the implementation of a jointly controlled lottery when the coins that are used by the players are exogenously given. We apply this result to show that every quitting game in which at least two players have at least two continue actions has an undiscounted ε-equilibrium, for every ε>0.",

keywords = "Biased coin, Jointly controlled lotteries, Quitting games, Undiscounted equilibrium, Uniform equilibrium",

author = "Eilon Solan and Solan, \{Omri N.\} and Ron Solan",

note = "Publisher Copyright: {\textcopyright} 2018 Elsevier Inc.",

year = "2020",

month = jan,

doi = "10.1016/j.geb.2018.11.008",

language = "الإنجليزيّة",

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journal = "Games and Economic Behavior",

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AU - Solan, Eilon

AU - Solan, Omri N.

AU - Solan, Ron

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N2 - We study the implementation of a jointly controlled lottery when the coins that are used by the players are exogenously given. We apply this result to show that every quitting game in which at least two players have at least two continue actions has an undiscounted ε-equilibrium, for every ε>0.

AB - We study the implementation of a jointly controlled lottery when the coins that are used by the players are exogenously given. We apply this result to show that every quitting game in which at least two players have at least two continue actions has an undiscounted ε-equilibrium, for every ε>0.

KW - Biased coin

KW - Jointly controlled lotteries

KW - Quitting games

KW - Undiscounted equilibrium

KW - Uniform equilibrium

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U2 - 10.1016/j.geb.2018.11.008

DO - 10.1016/j.geb.2018.11.008

M3 - مقالة

SN - 0899-8256

VL - 119

SP - 383

EP - 391

JO - Games and Economic Behavior

JF - Games and Economic Behavior

ER -

Jointly controlled lotteries with biased coins

Abstract

Keywords

All Science Journal Classification (ASJC) codes

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