English, Article, Journal or magazine article edition: The Not-So-Absent-Minded Driver Oliver Board

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Bookmark: http://trove.nla.gov.au/version/20286
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The Not-So-Absent-Minded Driver
Author
  • Oliver Board
Physical Description
  • preprint
Notes
  • This paper starts with a re-examination of Piccione and Rubinstein`s Absent-Minded Driver problem, and suggests a novel interpretation of Aumann, Hart and Perry`s notion of action-optimality. We then consider several variants of the original problem in which the assumption that the player`s information sets partition the set of his decision nodes is relaxed. This relaxation enables us to construct a counter-example to Piccione and Rubinstein`s result that planning-optimal strategies are always action-optimal. We also show that an agent with more information may do worse than an agent with less.
  • absentmindedness, action optimality
  • RePEc:oxf:wpaper:147
Language
  • English
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