Approachability with Discounting
Carmona, G. and Sabourian, H.
CINET Number: 2112
Abstract
We establish a version of Blackwell’s (1956) approachability result with discounting. Our main result shows that, for convex sets, our notion of approachability with discounting is equivalent to Blackwell’s (1956) approachability. Our proofs are based on a concentration result for probability measures and on the minmax theorem for two-person, zero-sum games.
Classification JEL
C72
C73
C79
WP Number Type
C_NUM
Keywords
JI Research Theme