Open-loop and closed-loop equilibria in dynamic games with many players
type: Item
instance of: scholarly article
title: Open-loop and closed-loop equilibria in dynamic games with many players
zbMATH Open document ID: 0638.90107
DOI: 10.1016/0022-0531(90)90082-U
author: Drew Fudenberg
author: David K. Levine
published in: Journal of Economic Theory
publication date: 1988-01-01T00:00:00Z
review text: 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.
Mathematics Subject Classification ID: 91A12
zbMATH DE Number: 4041663
zbMATH Keywords: negligible players
zbMATH Keywords: small players
zbMATH Keywords: coincidence conditions for open- and closed-loop equilibria
zbMATH Keywords: optimal reactions to one-player deviations
MaRDI profile type: Publication
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description: scientific article; zbMATH DE number 4041663