A Game-Theoretic Analysis of Hezong and Lianheng-Simultaneous and Sequential Moves

Abstract

This paper will study a three-player game with infinite periods where each player decides whether to league together to increase his winning rate. We discuss which one will be chosen to be the member of leagues. The results show that Hezong and Lianheng both exist in mixed strategy Nash equilibriums of simultaneous move game. It is possible that the fall of Jin and the Battle of Red Cliffs in Chinese history were just coincident or random events. Furthermore the players usually have a tendency to be in league with the strongest.