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  4. Ex Post Nash Equilibrium in Linear Bayesian Games for Decision Making in Multi-Environments
 
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Ex Post Nash Equilibrium in Linear Bayesian Games for Decision Making in Multi-Environments
File(s)
Ex_Post_Nash_Equilibrium_in_Linear_Bayesian_Games_(1).pdf (427.3 KB)
Published version
Author(s)
Edalat, Abbas
Ghorban, Samira
Ghoroghi, Ali
Type
Journal Article
Abstract
We show that a Bayesian game where the type space of each agent is a bounded set of m-dimensional vectors with non-negative components and the utility of each agent depends linearly on its own type only is equivalent to a simultaneous competition in m basic games which is called a uniform multigame. The type space of each agent can be normalised to be given by the ( m - 1 ) -dimensional simplex. This class of m-dimensional Bayesian games, via their equivalence with uniform multigames, can model decision making in multi-environments in a variety of circumstances, including decision making in multi-markets and decision making when there are both material and social utilities for agents as in the Prisoner’s Dilemma and the Trust Game. We show that, if a uniform multigame in which the action set of each agent consists of one Nash equilibrium inducing action per basic game has a pure ex post Nash equilibrium on the boundary of its type profile space, then it has a pure ex post Nash equilibrium on the whole type profile space. We then develop an algorithm, linear in the number of types of the agents in such a multigame, which tests if a pure ex post Nash equilibrium on the vertices of the type profile space can be extended to a pure ex post Nash equilibrium on the boundary of its type profile space in which case we obtain a pure ex post Nash equilibrium for the multigame.
Date Issued
2018-10-24
Date Acceptance
2018-10-19
Citation
Games, 2018, 9 (4)
URI
http://hdl.handle.net/10044/1/64312
DOI
https://www.dx.doi.org/10.3390/g9040085
ISSN
2073-4336
Publisher
MDPI AG
Journal / Book Title
Games
Volume
9
Issue
4
Copyright Statement
© 2018 the authors. Licensee MDPI, Basel, Switzerland. This article is an open access
article distributed under the terms and conditions of the Creative Commons Attribution
(CC BY) license (http://creativecommons.org/licenses/by/4.0/).
Publication Status
Published
Article Number
85
Date Publish Online
2018-10-24
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