Open-loop and closed-loop equilibria in dynamic games with many players (Q1099792)
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scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Open-loop and closed-loop equilibria in dynamic games with many players |
scientific article |
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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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