SOLVING TWO-MOVE GAMES WITH PERFECT INFORMATION
Abstract
A two-move game with perfect information was considered, such as a move and counter-move situation between two firms or economies. This led to the problem of finding a global minimum of a concave function over a convex domain and the distressing possibility of local minima at every extreme point. It was shown however that the global minimum could be obtained by solving a linear programming system with side conditions that at least one of certain pairs of variables vanish. The latter problem can be shown to be equivalent to solving a linear programming problem with some integer valued variables.
Document Details
- Document Type
- Technical Report
- Publication Date
- Aug 11, 1958
- Accession Number
- AD0607009
Entities
People
- George Bernard Dantzig
Organizations
- RAND Corporation