What are the potential benefits of adopting a long-term, relationship-oriented approach even in interactions that have elements of zero-sum competition?

By the minmax theorem, this payoff is unique. Say that information structure μ is (weakly) better for maximizer than μ0, if there is no zero-sum game for which ... Dec 2, 2016 ... Zero-sum games; Incomplete information; Signalling games; Hypothesis testing equilibrium; Enter deterrence games; Equilibrium refinement ... Then we study continuity properties of stochastic game problems with respect to various notions of convergence of information structures. For zero-sum games, ... In statistical decision theory, stochastic control theory, information theory, networked control, game theory, economics, quantum physics and computer science; ... Apr 2, 2020 ... Formally, consider the following zero-sum game between the seller and nature, where nature seeks to minimize the seller's profit: • The seller's ... In this thesis, I will be focusing on zero-sum imperfect information games. I will also limit the discussion to games with perfect recall, in which players ... Mar 26, 2019 ... ... informational conditions. The choice of using the first decision ... zero-sum game as a social axiom: A 37-nation study. J Cross-Cult ... Jun 24, 2022 ... (iv) Finally, continuity of the equilibrium value of team-against-team zero-sum game problems in the space of information structures under total ... if there are no symmetric information gains from trade, there is no trade. Compare: 1 if trade is a zero sum game, everyone cannot gain from trade. (Kreps 77 ... 1. Page 2. of sets of equilibrium payoffs. Second –as we shall see– the value of information is positive for those games. A zero-sum game is described by a ...