An exponential differential game which admits a simple Nash solution (Q795758): Difference between revisions

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An exponential differential game which admits a simple Nash solution
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    An exponential differential game which admits a simple Nash solution (English)
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    1985
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    This paper deals with a class of N-person nonzero-sum differential games where the control variables enter into the state equations as well as the payoff functionals in an exponential way. Due to the structure of the game, Nash-optimal controls are easily determined. The equilibrium in open-loop controls is also a closed-loop equilibrium. An example of optimal exploitation of an exhaustible resource is presented.
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    exponential game structures
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    N-person nonzero-sum differential games
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    Nash-optimal controls
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    open-loop controls
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    closed-loop equilibrium
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    optimal exploitation of an exhaustible resource
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