Lattice Methods in Computation of Sequential Markov Equilibrium in Dynamic Games

This paper uses lattice programming methods along with the extension of Tarski's fixed point theorem due to Veinott (1992) and Zhou (1994) to establish sufficient conditions for existence of sequential symmetric Markov equilibrium in a large class of dynamic games. Our method is constructive and we provide specific algorithms for computing equilibrium. These results are applied to the classic fishwar game in the context of a finite horizon

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Year of publication:	2005
Authors:	Datta, Manjira ; Mirman, Leonard J. ; Morand, Olivier F. ; Reffett, Kevin
Publisher:	[S.l.] : SSRN
Subject:	Markov-Kette \| Markov chain \| Dynamisches Spiel \| Dynamic game \| Gleichgewichtstheorie \| Equilibrium theory \| Gleichgewichtsmodell \| Equilibrium model

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