Markov strategy
From Infogalactic: the planetary knowledge core
In game theory, a Markov strategy is one that depends only on state variables that summarize the history of the game in one way or another.[1] For instance, a state variable can be the current play in a repeated game, or it can be any interpretation of a recent sequence of play.
A profile of Markov strategies is a Markov perfect Equilibrium if it is a Nash equilibrium in every state of the game.
References
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
<templatestyles src="Asbox/styles.css"></templatestyles>
 |
This economics-related article is a stub. You can help Wikipedia by expanding it. |
