Open-loop and closed-loop equilibria in dynamic games with many players (Q1099792)

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scientific article; zbMATH DE number 4041663
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    Open-loop and closed-loop equilibria in dynamic games with many players
    scientific article; zbMATH DE number 4041663

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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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