| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 10399281 | Automatica | 2005 | 6 Pages |
Abstract
The paper presents a noncooperative stochastic differential game played by an infinite number of overlapping generations of players. The number and types of players in future generations are uncertain and the state dynamics are given by a stochastic differential equation. A Markovian Nash equilibrium is characterized by a verification theorem of the Hamilton-Jacobi-Bellman type. A resource extraction game is offered as an illustration.
Related Topics
Physical Sciences and Engineering
Engineering
Control and Systems Engineering
Authors
Steffen Jørgensen, David W.K. Yeung,