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