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- W2022773242 startingPage "197" @default.
- W2022773242 abstract "We study two person, zero sum stochastic games. We prove that lim n→∞ {V n /n} = lim r→0 rV(r), where V n is the value of the n-stage game and V(r) is the value of the infinite-stage game with payoffs discounted at interest rate r > 0. We also show that V(r) may be expanded as a Laurent series in a fractional power of r. This expansion is valid for small positive r. A similar expansion exists for optimal strategies. Our main proof is an application of Tarski's principle for real closed fields." @default.
- W2022773242 created "2016-06-24" @default.
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- W2022773242 date "1976-08-01" @default.
- W2022773242 modified "2023-10-16" @default.
- W2022773242 title "The Asymptotic Theory of Stochastic Games" @default.
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- W2022773242 doi "https://doi.org/10.1287/moor.1.3.197" @default.
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