Uniqueness of Markov-perfect equilibrium in infinite-time affine-quadratic differential games

DOI10.1016/0165-1889(95)00873-XzbMath0875.90349MaRDI QIDQ1351640

Ben Lockwood

Publication date: 27 February 1997

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

zbMATH Keywords

Markov-perfect equilibriumAffine-quadratic dynamic gamesFeedback Nash equilibrium

Mathematics Subject Classification ID

Differential games (aspects of game theory) (91A23)

Related Items (7)

Costly information transmission in continuous time with implications for credit rating announcements ⋮ Asymptotic efficiency in principal-agent models with hidden information ⋮ SUSTAINABILITY OF COOPERATION OVERTIME IN LINEAR-QUADRATIC DIFFERENTIAL GAMES ⋮ Markov interactions in a class of dynamic games ⋮ A note on discontinuous value functions and strategies in affine-quadratic differential games ⋮ Non-linear strategies in a linear quadratic differential game ⋮ Do multiple Nash equilibria in Markov strategies mitigate the tragedy of the commons?

Cites Work

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• Dynamic oligopoly with capacity adjustment costs
• On the uniqueness of Nash strategies for a class of analytic differential games
• On the linear-quadratic closed-loop no-memory Nash game
• Dynamic Duopolistic Competition with Sticky Prices
• How Should Control Theory Be Used to Calculate a Time-Consistent Government Policy?
• On the Transversality Condition in Infinite Horizon Optimal Problems
• Values and strategies for infinite time linear quadratic games
• Optimal economic stabilization policies under decentralized control and conflicting objectives

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