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Equilibria in a class of games and topological results implying their existence

✍ Scribed by Robert S. Simon; Stanisław Spież; Henryk Toruńczyk


Book ID
105732099
Publisher
Springer Milan
Year
2008
Tongue
English
Weight
429 KB
Volume
102
Category
Article
ISSN
1578-7303

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Existence of perfect equilibria in a cla
✍ Łukasz Balbus; Andrzej S. Nowak 📂 Article 📅 2008 🏛 Elsevier Science 🌐 English ⚖ 471 KB

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