Asymptotic Nash Equilibria in Discounted Stochastic Games of Resource Extraction

• Autorzy: Łukasz Balbus
• Języki publikacji: EN

Abstrakty

EN

A class of two person nonzero-sum nonsymmetric stochastic games of capital accumulation/resource extraction is considered. It is shown that the Nash equilibrium in the discounted games has a limit when the discount factor tends to 1. Moreover, this limit is an epsilon-equilibrium in the discounted game with sufficiently large discount factor. (original abstract)

Słowa kluczowe

EN

Game theory; Application of game theory; Nash equilibrium

PL

Teoria gier; Zastosowanie teorii gier; Równowaga Nasha

• Czasopismo: Metody Ilościowe w Badaniach Ekonomicznych / Szkoła Główna Gospodarstwa Wiejskiego
• Rocznik: 2010
• Tom: 11(XI)
• Numer: nr 1
• Strony: 167--188

Twórcy

autor

Łukasz Balbus

• Politechnika Wrocławska

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