Open-loop and closed-loop equilibria in dynamic games with many players (Q1099792)
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scientific article; zbMATH DE number 4041663
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Open-loop and closed-loop equilibria in dynamic games with many players |
scientific article; zbMATH DE number 4041663 |
Statements
Open-loop and closed-loop equilibria in dynamic games with many players (English)
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1988
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If players are small, one might expect that optimal reactions to one- player deviations are negligible, so that the open- and closed-loop equilibria are approximately the same. We investigate the circumstances in which this is true.
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negligible players
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small players
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coincidence conditions for open- and closed-loop equilibria
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optimal reactions to one-player deviations
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0.9357266
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0.9041972
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0.90212804
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0.8945703
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0.89096475
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0.8877449
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0.8877449
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