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You play (an auction) only once

Author

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  • Schlag, Karl H.

    (Economics Dept. 3, University of Bonn)

  • Sela, Aner

    (Ben Gurion University)

Abstract

consider an N-player normal form game played repeatedly in which each player should choose each strategy exactly one time (payoffs are aggregated). such "play only once" situations occur naturally in the context of scheduling. assume that each player has the same number of strategies. Then, regardless of the players' preferences, for each player to mix uniformly in each round over his remaining strategies consitutes a subgame perfect equilibrium.

Suggested Citation

  • Schlag, Karl H. & Sela, Aner, 1997. "You play (an auction) only once," Sonderforschungsbereich 504 Publications 97-10, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
    • Handle: RePEc:xrs:sfbmaa:97-10
    Note: Financial support from the Deutsche Forschungsgemeinschaft, SFB 504, at the University of Mannheim, is gratefully acknowledged.
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    File URL: http://www.sfb504.uni-mannheim.de/publications/dp97-10.pdf
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    Cited by:

    1. Claudia Marini & Gaia Nicosia & Andrea Pacifici & Ulrich Pferschy, 2013. "Strategies in competing subset selection," Annals of Operations Research, Springer, vol. 207(1), pages 181-200, August.

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