How does the concept of "rent-seeking" relate to zero-sum economic activities?

Sep 27, 2022 ... This system is key to the study of discounted zero-sum repeated games with incomplete information on both sides (Mertens and Zamir, 1971, 1977) ... ... zero-sum games. We provide a tractable characterization of distance and use ... The convergence to a countable information structure under value-based ... In this paper, we focus on a special type of two-player imperfect-information extensive-form zero-sum games, Team. Adversary Games, in which a team of ... This corresponds to a two-player symmetric zero-sum game with 10 agents, but ... Human-level performance in 3d multiplayer games with population-based ... ... game. We call G a zero-sum game if u2(s) = −u1(s) for all s ∈ S. In a zero-sum game, the two players' interests are diametrically opposed: whatever is ... Jun 30, 2024 ... ... informational purposes as of the date indicated. Views may be based on third-party data that has not been independently verified. PineBridge ... Kuhn [l] is used throughout. Morgenstern and Von Neumann. [2] have demonstrated that in a two-person, zero-sum game with perfect information,. Mar 4, 2025 ... The information on this site is provided as a courtesy and for informational purposes only. Indeed is not a career or legal advisor and does not ... Sep 16, 2021 ... The joint information contained in the correlation between players' signals is not valuable in the zero-sum games. The second main result shows ... Yüksel, Comparison of information structures for zero-sum games and a partial converse to Blackwell ordering in standard Borel spaces, SIAM J. Control Optim ...