Author:
Solan Eilon,Vieille Nicolas
Abstract
In 1953, Lloyd Shapley contributed his paper “Stochastic games” to PNAS. In this paper, he defined the model of stochastic games, which were the first general dynamic model of a game to be defined, and proved that it admits a stationary equilibrium. In this Perspective, we summarize the historical context and the impact of Shapley’s contribution.
Publisher
Proceedings of the National Academy of Sciences
Cited by
43 articles.
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