This book provides readers with a comprehensive survey of models of dynamic games in economics, including an extensive coverage of numerous fields of applications. It will also discuss and explain main concepts and techniques used in dynamic games, and inform readers of its major developments...

We introduce the notion of emulation that accounts for the effect of another participant's goals on the probability of success of an individual in the context of a sporting contest. The individual not only chooses her effort to maximize utility, but also reacts to the goals set by her own coach...