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Comparing Open-loop With Markov Equilibria in a Class of Differential Games

✍ Scribed by Ngo Van Long; Koji Shimomura; Harutaka Takahashi


Book ID
108566458
Publisher
John Wiley and Sons
Year
1999
Tongue
English
Weight
198 KB
Volume
50
Category
Article
ISSN
1352-4739

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Characterization of Markovian equilibria
✍ J.P RincΓ³n-Zapatero πŸ“‚ Article πŸ“… 2004 πŸ› Elsevier Science 🌐 English βš– 377 KB

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