PROBABILITY OF A PURE EQUILIBRIUM POINT IN n-PERSON GAMES

Abstract

A random n-person noncooperative game--that game that prohibits communication and therefore coalitions among n players--is shown to have a pure strategy solution with a high probability. A solution of a game is an equilibrium point or set of strategies, one for each player, such that if n - 1 players use their equilibrium strategies, then the n-th player has no reason to deviate from his equilibrium strategy. It is shown that the probability of a solution in pure strategies for large random games converges to 1 - 1/e for all n greater than or equal to 2.

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Document Details

Document Type
Technical Report
Publication Date
Oct 01, 1968
Accession Number
AD0678040

Entities

People

  • Melvin Dresher

Organizations

  • RAND Corporation

Tags

Communities of Interest

  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Air Force
  • Corporations
  • Equations
  • Game Theory
  • Inequalities
  • Mathematics
  • Probability
  • Probability Distributions
  • Theorems
  • Truncation
  • Zero-Sum Games

Fields of Study

  • Economics

Readers

  • Game Theory.
  • Statistical inference.