Stochastic Games with Average Payoff Criterion

Ghosh, MK and Bagchi, A (1998) Stochastic Games with Average Payoff Criterion. In: Applied Mathematics and Optimization, 38 (3). pp. 283-301.

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Abstract

We study two-person stochastic games on a Polish state and compact action spaces and with average payoff criterion under a certain ergodicity condition. For the zero-sum game we establish the existence of a value and stationary optimal strategies for both players. For the nonzero-sum case the existence of Nash equilibrium in stationary strategies is established under certain separability conditions.

Item Type:	Journal Article
Publication:	Applied Mathematics and Optimization
Publisher:	Springer-Verlag
Additional Information:	Copyright for this article belongs to Springer-Verlag.
Keywords:	Stochastic game;Stationary strategy;Value;Nash equilibrium;Ergodicity
Department/Centre:	Division of Physical & Mathematical Sciences > Mathematics
Date Deposited:	17 Sep 2004
Last Modified:	19 Sep 2010 04:15
URI:	http://eprints.iisc.ac.in/id/eprint/1405

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