Zero-sum games with ambiguity

B-Tier
Journal: Games and Economic Behavior
Year: 2019
Volume: 117
Issue: C
Pages: 238-249

Authors (2)

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We study whether the basic tenets of the theory of zero-sum games are still valid when players are uncertainty averse. We focus on games with one-sided information, in which the uninformed player is uncertain about the state of nature. Uncertainty aversion turns the underlying zero-sum game into a many-player, non-zero-sum game. We show that the uninformed player has a unique equilibrium payoff. We provide conditions under which there is a unique equilibrium payoff vector.

Technical Details

RePEc Handle
repec:eee:gamebe:v:117:y:2019:i:c:p:238-249
Journal Field
Theory
Author Count
2
Added to Database
2026-01-29