Research Reports from the Department of Operations

Authors

Arvind Jain

Document Type

Report

Publication Date

1-1-1971

Abstract

There are two convergent algorithms for the solution of two person zero sum nonterminating stochastic games. The first one is developed by Hoffman and Karp and the second one is recently developed by Nair, Rao and Chandrasekaran. This paper presents computer programs for the two algorithms and computational experiments for comparing the efficiency of the algorithms. The results show that the second algorithm requires fewer iterations and moreover, the computation time for each iteration in this is significantly lower. Further, the results show that the ratio of the computation of time of the first algorithms to that of the second algorithm is nearly 2.6 and this increases as greater accuracy is demanded.

Keywords

Stochastic processes, Two-person zero-sum games, Algorithms, Game theory--Mathematical models, Mathematical optimization, Operations research

Publication Title

Technical Memorandums from the Department of Operations, School of Management, Case Western Reserve University

Issue

Technical memorandum no. 214

Rights

This work is in the public domain and may be freely downloaded for personal or academic use

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