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Strategy for a class of games with dynamic ties

✍ Scribed by A.S. Fraenkel; U. Tassa


Publisher
Elsevier Science
Year
1975
Tongue
English
Weight
993 KB
Volume
1
Category
Article
ISSN
0898-1221

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We consider a general class of dynamic games arising in strategic capital accumulation/resource extraction, and show that they have Nash equilibria in pure stationary strategies. The approach is new and relies on Topkis' results in lattice programming and Tarski's fixed-point theorem.