UNIQUENESS OF MARKOV-PERFECT EQUILIBRIUM IN INFINITE-TIME AFFINE-QUADRATIC DIFFERENTIAL-GAMES

Authors
LOCKWOOD B
Citation
B. Lockwood, UNIQUENESS OF MARKOV-PERFECT EQUILIBRIUM IN INFINITE-TIME AFFINE-QUADRATIC DIFFERENTIAL-GAMES, Journal of economic dynamics & control, 20(5), 1996, pp. 751-765
Citations number
23
Categorie Soggetti
Economics
Journal title
Journal of economic dynamics & control → ACNP
ISSN journal
01651889
Volume
20
Issue
5
Year of publication
1996
Pages
751 - 765
Database
ISI
SICI code
0165-1889(1996)20:5<751:UOMEII>2.0.ZU;2-3
Abstract
This paper gives sufficient conditions for uniqueness of feedback Nash (also known as Markov-perfect) equilibrium in scalar two-person infin ite-time affine-quadratic differential games. Examples with multiple e quilibria are also presented.