Abstract

When perfect recall is not satisfied, the informational contents of mixed and behavior strategies differ and are more than what the information partition describes. First, we consider two kinds of additional information strategies may carry, and show that such information leads to theperfect recall refinement of a given information partition. This does not, however, imply that the strategies compensate fully for the lack of perfect recall. We give a necessary and sufficient condition on an information partition, calledA-loss, for the informational content of mixed strategies to fully compensate for the lack of perfect recall. The informational content of behavior strategies never fully compensates.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.