Existence and local stability of Pareto superior reaction function equilibria in discounted supergames

DOI10.1016/0304-4068(93)90008-9zbMath0793.90107OpenAlexW1992660853MaRDI QIDQ2366713

Jean-Pierre P. Langlois, Jonathan A. Sachs

Publication date: 16 August 1994

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0304-4068(93)90008-9

zbMATH Keywords

\(n\)-player discounted supergameslocally asymptotically stable subgame perfect reaction function equilibria

Mathematics Subject Classification ID

Multistage and repeated games (91A20)

Cites Work

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• Extremal equlibria of oligopolistic supergames
• Subgame perfect reaction function equilibria in discounted duopoly supergames are trivial
• Subgame perfect equilibrium with continuous reaction functions
• On the Theory of Infinitely Repeated Games with Discounting
• The Existence of Nash Equilibria in Reaction Functions for Dynamic Models of Oligopoly
• The Folk Theorem in Repeated Games with Discounting or with Incomplete Information
• A Non-cooperative Equilibrium for Supergames