. Principles of dynamic stability include three conditions: subgame consistency, strategic stability and irrational …

In cooperative stochastic dynamic games a stringent condition — subgame consistency — is required for a dynamically …

provision by asymmetric agents with transferable payoffs in a stochastic differential game framework. In particular, subgame … consistency ensures that as the game proceeds agents are guided by the same optimality principle, and hence they do not possess …