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A characterization of the class of rationalizable equilibria of oligopoly games

✍ Scribed by Kaushik Basu


Book ID
116101494
Publisher
Elsevier Science
Year
1992
Tongue
English
Weight
298 KB
Volume
40
Category
Article
ISSN
0165-1765

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Characterization of Markovian equilibria
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We consider an alternative method to the classical one for the determination of Markov perfect Nash equilibria. The approach shown in the paper is based on the study of a quasi-linear system of partial di erential equations instead of the Hamilton-Jacobi-Bellman system. The simpler structure of the