An equilibrium analysis of the Arad-Rubinstein game

IF 2.3 3区 经济学 Q2 ECONOMICS
Christian Ewerhart , Stanisław Kaźmierowski
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引用次数: 0

Abstract

Colonel Blotto games with discrete strategy spaces nicely illustrate the intricate nature of multidimensional strategic reasoning. This paper studies the equilibrium set of such games where, in line with prior experimental work, the tie-breaking rule is allowed to be flexible. We begin by pointing out that equilibrium constructions known from the literature extend to our class of games. However, we also note that, irrespective of the tie-breaking rule, the equilibrium set is excessively large. Specifically, any pure strategy that allocates at most twice the fair share to each battlefield is used with positive probability in some equilibrium. Furthermore, refinements based on the elimination of weakly dominated strategies prove ineffective.

阿拉德-鲁宾斯坦博弈的均衡分析
具有离散策略空间的布洛托上校博弈很好地说明了多维策略推理的复杂性。本文研究了此类博弈的均衡集,与之前的实验工作一致,允许打破平局的规则具有灵活性。我们首先指出,文献中已知的均衡构造也适用于我们这一类博弈。然而,我们也注意到,无论平局打破规则如何,均衡集都过于庞大。具体来说,在某个均衡中,任何将最多两倍的公平份额分配给每个战场的纯策略都有正概率被使用。此外,基于剔除弱占优策略的改进方法也被证明是无效的。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
3.80
自引率
9.10%
发文量
392
期刊介绍: The Journal of Economic Behavior and Organization is devoted to theoretical and empirical research concerning economic decision, organization and behavior and to economic change in all its aspects. Its specific purposes are to foster an improved understanding of how human cognitive, computational and informational characteristics influence the working of economic organizations and market economies and how an economy structural features lead to various types of micro and macro behavior, to changing patterns of development and to institutional evolution. Research with these purposes that explore the interrelations of economics with other disciplines such as biology, psychology, law, anthropology, sociology and mathematics is particularly welcome.
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