The Mixed Berge Equilibrium in Extensive Form Games
- 1 Center on Stochastic Modeling, Optimization, and Statistics, The University of Texas at Arlington, Arlington, TX, USA
- 2 Center on Stochastic Modeling, Optimization, and Statistics, The University of Texas at Arlington, Arlington, TX, USA
Abstract
In this paper we apply the concept of a mixed Berge equilibrium to finite n -person games in extensive form. We study the mixed Berge equilibrium in both perfect and imperfect information finite games. In addition, we define the notion of a subgame perfect mixed Berge equilibrium and show that for a 2-person game, there always exists a subgame perfect Berge equilibrium. Thus there exists a mixed Berge equilibrium for any 2-person game in extensive form. For games with 3 or more players, however, a mixed Berge equilibrium and a subgame perfect mixed Berge equilibrium may not exist. In summary, this paper extends extensive form games to include players acting altruistically.
- Berge, C. (1957) Theorie generale des jeux an personnes. Gauthier-Villars, Paris.
- Zhukovskiy, V. (1985) Some Problems of Nonantagonistic Differential Games. In: Kenderov, P., Ed., Matematiceskie Metody v Issledovanii Operacij, Bulgarian Academy of Sciences, Sofia, 103-195.
- Corley, H.W. (2015) A Mixed Cooperative Dual to the Nash Equilibrium. Game Theory, 2015, 1-7. https://doi.org/10.1155/2015/647246
- Osborne, M.J. and Rubinstein, A. (1994) A Course in Game Theory. MIT Press, Boston.
- Barron, E.N. (2013) Game Theory: An Introduction (Vol. 2). John Wiley & Sons, Hoboken. https://doi.org/10.1002/9781118547168
- Axelrod, R. and Axelrod, R.M. (1984) The Evolution of Cooperation (Vol. 5145). Basic Books, New York.