Jointly controlled lotteries with biased coins

Eilon Solan*, Omri N. Solan, Ron Solan

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

1 Scopus citations

Abstract

We study the implementation of a jointly controlled lottery when the coins that are used by the players are exogenously given. We apply this result to show that every quitting game in which at least two players have at least two continue actions has an undiscounted ε-equilibrium, for every ε>0.

Original languageEnglish
Pages (from-to)383-391
Number of pages9
JournalGames and Economic Behavior
Volume119
DOIs
StatePublished - Jan 2020

Funding

FundersFunder number
Israel Science Foundation217/17

    Keywords

    • Biased coin
    • Jointly controlled lotteries
    • Quitting games
    • Undiscounted equilibrium
    • Uniform equilibrium

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