Showing 1 - 10 of 17
In this paper we try to quantify/measure the main factors that influence the equilibrium outcome and pursued strategies in a simplistic model for the use of fossil versus green energy over time. The model is derived using the standard Solow macro-economic growth model in a two-country setting...
Persistent link: https://www.econbiz.de/10012927761
In this paper we review a number of algorithms to compute Nash equilibria in deterministic linear quadratic differential games. We will review the open-loop and feedback information case. In both cases we address both the finite and the infinite-planning horizon
Persistent link: https://www.econbiz.de/10012732556
This note analyzes in a fishery management problem the effects of relaxing one of the usual assumptions in the literature of dynamic games. Specifically, the assumption that players restrict to strategies that stabilize the system. Previous works in the literature have shown that feedback Nash...
Persistent link: https://www.econbiz.de/10012950179
In this paper, we analyze the consequences of taking noise into account in a simple two person fishery management game. Both a stochastic and deterministic formulation are considered. Compared to the noise-free model it is shown that the used stochastic framework has no implications for the...
Persistent link: https://www.econbiz.de/10014065512
In this note, we reconsider the indefinite open-loop Nash linear quadratic differential game with an infinite planning horizon. In particular, we derive both necessary and sufficient conditions under which the game will have a unique equilibrium
Persistent link: https://www.econbiz.de/10014065514
In this paper, we provide a numerical algorithm to calculate all soft-constrained Nash equilibria in a regular scalar indefinite linear-quadratic game. The algorithm is based on the calculation of the eigenstructure of a certain matrix. The analysis follows the lines of the approach taken by...
Persistent link: https://www.econbiz.de/10014065515
In this note, we consider the open-loop Nash linear quadratic differential game with an infinite planning horizon. The performance function is assumed to be indefinite and the underlying system affine. We derive both necessary and sufficient conditions under which this game has a unique Nash...
Persistent link: https://www.econbiz.de/10014065518
In this note we consider the non-cooperative linear feedback Nash quadratic differential game with an infinite planning horizon for descriptor systems of index one. The performance function is assumed to be indefinite. We derive both necessary and sufficient conditions under which this game has...
Persistent link: https://www.econbiz.de/10014192996
In this note we consider the non-cooperative linear feedback Nash quadratic differential game with an infinite planning horizon. The performance function is assumed to be indefinite and the underlying system affine. We derive both necessary and sufficient conditions under which this game has a...
Persistent link: https://www.econbiz.de/10014192997
The aim of the present study is to construct a state feedback controller for a given linear system that minimizes the worst-case effect of an L 2 -bounded disturbance. Our setting is different from the usual framework of H1-theory in that we consider nonzero initial conditions. The situation is...
Persistent link: https://www.econbiz.de/10014143323