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Two-Person Adversarial Games are Zero-Sum: An Elaboration of a Folk Theorem (2403.04029v5)

Published 6 Mar 2024 in econ.TH

Abstract: The observation that every two-person adversarial game is an affine transformation of a zero-sum game is traceable to Luce & Raiffa (1957) and made explicit in Aumann (1987). Recent work of (ADP) Adler et al. (2009), and of Raimondo (2023) in increasing generality, proves what has so far remained a conjecture. We present two proofs of an even more general formulation: the first draws on multilinear utility theory developed by Fishburn & Roberts (1978); the second is a consequence of the ADP proof itself for a special case of a two-player game with a set of three actions.

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