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Perfect information games where each player acts only once

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Article
Author/s: 
Kutay Cingiz, János Flesch, P. Jean-Jacques, Arkadi Predtetchinski
Economic Theory
Publisher: 
Springer
Year: 
2019
We study perfect information games played by an infinite sequence of players, each acting only once in the course of the game. We introduce a class of frequency-based minority games and show that these games have no subgame perfect ϵ -equilibrium for any ϵ sufficiently small. Furthermore, we present a number of sufficient conditions to guarantee existence of subgame perfect ϵ -equilibrium.
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