In this paper we introduce a model of multigenerational stochastic games of capital accumulation where each generation consists of m different players. The main objective is to prove the existence of a perfect stationary equilibrium in an infinite horizon game. A suitable change in the terminology u
✦ LIBER ✦
Construction of Nash equilibria in symmetric stochastic games of capital accumulation
✍ Scribed by Łukasz Balbus; Andrzej S. Nowak
- Publisher
- Springer
- Year
- 2004
- Tongue
- English
- Weight
- 280 KB
- Volume
- 60
- Category
- Article
- ISSN
- 0340-9422
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