Asymptotic Value in Frequency-Dependent Games with Separable Payoffs: A Differential Approach
Journal article: We study the asymptotic value of a frequency-dependent zero-sum game with separable payoff following a differential approach. The stage payoffs in such games depend on the current actions and on a linear function of the frequency of actions played so far. We associate with the repeated game, in a natural way, a differential game, and although the latter presents an irregularity at the origin, we prove that it has a value. We conclude, using appropriate approximations, that the asymptotic value of the original game exists in both the n-stage and the λ-discounted games and that it coincides with the value of the continuous time game.
Author(s)
Joseph Abdou, Nikolaos Pnevmatikos
Journal
- Dynamic Games and Applications
Date of publication
- 2019
Keywords
- Stochastic game
- Frequency-dependent payoffs
- Continuous time game
- Discretization
- Hamilton–Jacobi–Bellman–Isaacs equation
Pages
- 295-313
URL of the HAL notice
Version
- 1
Volume
- 9