A NOTE ON THE MARKOV PERFECT EQUILIBRIUM OF A LINEAR-QUADRATIC ALTERNATING-MOVE GAME

Authors
LAU SHP
Citation
Shp. Lau, A NOTE ON THE MARKOV PERFECT EQUILIBRIUM OF A LINEAR-QUADRATIC ALTERNATING-MOVE GAME, Economics letters, 57(1), 1997, pp. 51-56
Citations number
7
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
57
Issue
1
Year of publication
1997
Pages
51 - 56
Database
ISI
SICI code
0165-1765(1997)57:1<51:ANOTMP>2.0.ZU;2-P
Abstract
A two-player alternating-move game with general quadratic payoff funct ions is analyzed, and the reaction functions and value functions are d erived. The derivation of the value functions not only completes the a nalysis, but also is useful for studies involving these functions. (C) 1997 Elsevier Science S.A.