Mertens's asymptotic value conjecture for zero-sum repeated games
Let a finite two-person zero-sum repeated game have values for its -stage games and for its -discounted games, where and . Mertens's asymptotic value conjecture. In a zero-sum repeated game, the asymptotic value exists:
exist and are equal. This conjecture concerns the agreement between long-horizon Cesaro and Abel evaluations; the source does not provide evidence resolving it.
References
Primary source
Bruno Ziliotto, “Zero-sum repeated games: Counterexamples to the existence of the asymptotic value and the conjecture maxmin=limv_n”, arXiv:1305.4778 (2016).
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