Games with Symmetric Incomplete Information and Asymmetric Computational Resources

Author:

Gavrilovich Misha12,Kreps Victoria12

Affiliation:

1. National Research University Higher School of Economics, 3 Kantemirovskaya st., St. Petersburg, Russia

2. St. Petersburg Institute for Economics and Mathematics, RAS, 38 Serpuhovskaya st., St. Petersburg, Russia

Abstract

We consider random public signals on the state of two-person zero-sum game with incomplete information on both sides (both players do not know the state of the game). To learn the state, each player chooses a finite automaton which receives the public signal; the player only sees the output of the automaton chosen. Supposing that the size of automata available to Player 1 is essentially bigger than that available to Player 2, we give an example of public signal with random length of output strings where the posterior belief of Player 1 is the state and the posterior belief of Player 2 is close to his original belief. Thus, we demonstrate that asymmetric information about the state of a game may appear not only due to a private signal but as a result of a public signal and asymmetric computational resources of players. Besides, for a class of random signals with fixed length of output strings, we estimate the fraction of signals such that some automaton of given size may help Player 2 to significantly reestimate prior probability of the state. We show that this fraction is negligible if the size of automata of Player 2 is sufficiently smaller than length of output strings.

Publisher

World Scientific Pub Co Pte Lt

Subject

Statistics, Probability and Uncertainty,Business and International Management,General Computer Science

Cited by 1 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. In memory of Victoria Kreps (3 September 1945–3 March 2021);International Journal of Game Theory;2021-05-03

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