Excludability and Bounded Computational Capacity

Published Online:https://doi.org/10.1287/moor.1060.0211

We study the notion of excludability in repeated games with vector payoffs, when one of the players is restricted to strategies with bounded computational capacity. We show that a closed set is excludable by Player 2 when Player 1 is restricted to using only bounded-recall strategies if and only if it does not contain a convex approachable set. We provide partial results when Player 1 is restricted to using strategies that can be implemented by automata.

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