Probabilistic prospects of Stackelberg leader and follower |
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Authors: | A Alkan T Brown M R Sertel |
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Institution: | 1. Department of Management, Bo?azi?i Universitesi, Bebek, Istanbul, Turkey
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Abstract: | In this paper, we consider the family of allm×n bimatrix games, whose payoff entries are the players' orderings of the outcomes, and count the fraction of games whose Stackelberg solution is the leader'sh th best outcome and the follower'sk th best outcome (h,k≤mn). We conclude that the average leader and follower enjoy symmetric prospects, and that the advantage lies not in the leadership role, but in the relative size of the player's strategy space. |
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