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Genericity and Markovian Behavior in Stochastic Games
Hans Haller
Roger Lagunoff
Abstract
This paper examines Markov perfect equilibria of general, finite state stochastic games. Our main result is that the number of such equilibria is finite for a set of stochastic game payoffs with full Lebesgue measure. We further discuss extensions to lower dimensional stochastic games like the alternating move game.
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