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A Dynamic-Logical Characterization of Solutions to Sight-limited Extensive Games

Published: 01 January 2018 Publication History

Abstract

An unrealistic assumption in classical extensive game theory is that the complete game tree is fully perceivable by all players. To weaken this assumption, a class of games (called games with short sight) was proposed in literature, modelling the game scenarios where players have only limited foresight of the game tree due to bounded resources and limited computational ability. As a consequence, the notions of equilibria in classical game theory were refined to fit games with short sight. A crucial issue that thus arises is to determine whether a strategy profile is a solution to a game. To study this issue and address the underlying idea and theory on players’ decisions in such games, we adopt a logical way. Specifically, we develop a logic called DLS through which features of these games are demonstrated. More importantly, it enables us to characterize the solutions to these games via formulas of this logic. Moreover, we study the algorithm for model checking DLS, which is shown to be PTIME-complete in the size of the model. This work not only provides an insight into a more realistic model in game theory, but also enriches the possible applications of logic.

Cited By

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  • (2021)Exploring the effects of computational costs in extensive games via modeling and simulationInternational Journal of Intelligent Systems10.1002/int.2245036:8(4065-4087)Online publication date: 6-May-2021

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      Published In

      cover image Fundamenta Informaticae
      Fundamenta Informaticae  Volume 158, Issue 1-3
      Principles and Practice of Multi-Agent Systems
      2018
      293 pages

      Publisher

      IOS Press

      Netherlands

      Publication History

      Published: 01 January 2018

      Author Tags

      1. Extensive games
      2. Short sight
      3. Dynamic logic
      4. Solution Concept
      5. Model checking

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      Cited By

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      • (2021)Exploring the effects of computational costs in extensive games via modeling and simulationInternational Journal of Intelligent Systems10.1002/int.2245036:8(4065-4087)Online publication date: 6-May-2021

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