Template-Type: ReDIF-Paper 1.0
Series: Tinbergen Institute Discussion Papers
Creation-Date: 2003-12-19
Number: 03-101/1
Author-Name: Vitaly Pruzhansky
Author-Email: pruzhansky@tinbergen.nl
Author-Workplace-Name: Faculty of Economics and Business Adminstration, Vrije Universiteit Amsterdam
Title: Maximin Play in Two-Person Bimatrix Games
Abstract: Since the seminal paper of Nash (1950) game theoretic literature has focused mostly on equilibrium and not on maximin (minimax) strategies. We study the properties of these strategies in 2-player non-zero-sum strategic games, whose Nash equilibria are only mixed.
Classification-JEL: C72
Keywords: Non-cooperative games
File-Url: https://papers.tinbergen.nl/03101.pdf
File-Format: application/pdf
File-Size: 347057 bytes
Handle: RePEc:tin:wpaper:20030101