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A General Internal Regret-Free Strategy

Author

Listed:
  • Ehud Lehrer

    (Tel Aviv University
    INSEAD)

  • Eilon Solan

    (Tel Aviv University)

Abstract

We study sequential decision problems where the decision maker does not observe the states of nature, but rather receives a noisy signal, whose distribution depends on the current state and on the action that she plays. We do not assume that the decision maker considers the worst-case scenario, but rather has a response correspondence, which maps distributions over signals to subjective best responses. We extend the concept of internal regret-free strategy to this setup and provide an algorithm that generates such a strategy.

Suggested Citation

  • Ehud Lehrer & Eilon Solan, 2016. "A General Internal Regret-Free Strategy," Dynamic Games and Applications, Springer, vol. 6(1), pages 112-138, March.
    • Handle: RePEc:spr:dyngam:v:6:y:2016:i:1:d:10.1007_s13235-015-0143-5
    DOI: 10.1007/s13235-015-0143-5
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    References listed on IDEAS

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    9. Ehud Lehrer & Eilon Solan, 2007. "Learning to play partially-specified equilibrium," Levine's Working Paper Archive 122247000000001436, David K. Levine.
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