Dynamic Potential Games: The Discrete-Time Stochastic Case

This paper concerns a class of nonstationary discrete-time stochastic noncooperative games. Our goals are threefold. First, we give conditions to find Nash equilibria by means of the Euler equation approach. Second, we identify subclasses of dynamic potential games. Finally, within one of this subclasses, we identify a further subclass for which Nash equilibria are also Pareto (or cooperative) solutions. Copyright Springer Science+Business Media New York 2014

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Year of publication:	2014
Authors:	González-Sánchez, David ; Hernández-Lerma, Onésimo
Published in:	Dynamic Games and Applications. - Springer. - Vol. 4.2014, 3, p. 309-328
Publisher:	Springer
Subject:	Dynamic games \| Euler equation \| Potential games \| Nash equilibrium \| Pareto solution

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011001891