Denumerable state stochastic games with limiting average payoff

Borkar, VS and Ghosh, MK (1993) Denumerable state stochastic games with limiting average payoff. In: Journal of Optimization Theory and Applications, 76 (3). pp. 539-560.

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Abstract

We study stochastic games with countable state space, compact action spaces, and limiting average payoff. ForN-person games, the existence of an equilibrium in stationary strategies is established under a certain Liapunov stability condition. For two-person zero-sum games, the existence of a value and optimal strategies for both players are established under the same stability condition.

Item Type:	Journal Article
Publication:	Journal of Optimization Theory and Applications
Publisher:	Springer
Additional Information:	Copyright of this article belongs to Springer.
Keywords:	Ergodic occupation measure;stationary strategies;Shapley equation;equilibrium.
Department/Centre:	Division of Electrical Sciences > Electrical Engineering
Date Deposited:	03 Feb 2011 12:01
Last Modified:	03 Feb 2011 12:01
URI:	http://eprints.iisc.ac.in/id/eprint/35392

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