Open-loop and closed-loop equilibria in dynamic games with many players (Q1099792): Difference between revisions

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Revision as of 02:13, 5 March 2024

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Open-loop and closed-loop equilibria in dynamic games with many players
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    Open-loop and closed-loop equilibria in dynamic games with many players (English)
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    1988
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    If players are small, one might expect that optimal reactions to one- player deviations are negligible, so that the open- and closed-loop equilibria are approximately the same. We investigate the circumstances in which this is true.
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    negligible players
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    small players
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    coincidence conditions for open- and closed-loop equilibria
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    optimal reactions to one-player deviations
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