Mathematics (Apr 2022)

A Note on the Concept of Time in Extensive Games

  • Shravan Luckraz,
  • Bruno Antonio Pansera

DOI
https://doi.org/10.3390/math10081212
Journal volume & issue
Vol. 10, no. 8
p. 1212

Abstract

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Using the concept of informational digraphs, we propose a “no redundant information sets” property that can characterize the exact class of extensive games which can be time structured. Our result can be applied to define time-dependent solution concepts like the Open-Loop and the Closed-Loop Nash Equilibrium in extensive games with imperfect information.

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