Nonzero-sum Discrete-time Stochastic Games with Risk-sensitive Ergodic Cost Criterion

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Hauptverfasser: Bose, Bivakar, Pal, Chandan, Pradhan, Somnath, Saha, Subhamay
Format: Preprint
Veröffentlicht: 2024
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author Bose, Bivakar
Pal, Chandan
Pradhan, Somnath
Saha, Subhamay
author_facet Bose, Bivakar
Pal, Chandan
Pradhan, Somnath
Saha, Subhamay
contents In this paper we study infinite horizon nonzero-sum stochastic games for controlled discrete-time Markov chains on a Polish state space with risk-sensitive ergodic cost criterion. Under suitable assumptions we show that the associated ergodic optimality equations admit unique solutions. Finally, the existence of Nash-equilibrium in randomized stationary strategies is established by showing that an appropriate set-valued map has a fixed point.
format Preprint
id arxiv_https___arxiv_org_abs_2408_12849
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Nonzero-sum Discrete-time Stochastic Games with Risk-sensitive Ergodic Cost Criterion
Bose, Bivakar
Pal, Chandan
Pradhan, Somnath
Saha, Subhamay
Optimization and Control
Probability
91A15, 91A50
In this paper we study infinite horizon nonzero-sum stochastic games for controlled discrete-time Markov chains on a Polish state space with risk-sensitive ergodic cost criterion. Under suitable assumptions we show that the associated ergodic optimality equations admit unique solutions. Finally, the existence of Nash-equilibrium in randomized stationary strategies is established by showing that an appropriate set-valued map has a fixed point.
title Nonzero-sum Discrete-time Stochastic Games with Risk-sensitive Ergodic Cost Criterion
topic Optimization and Control
Probability
91A15, 91A50
url https://arxiv.org/abs/2408.12849