Open-loop and closed-loop equilibria in dynamic games with many players
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.
coincidence conditions for open- and closed-loop equilibria
optimal reactions to one-player deviations
scientific article; zbMATH DE number 4041663
scientific article