Turnpike Properties in a Finite-Horizon Differential Game: Dynamic Duopoly with Sticky Prices
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Publication:3035096
DOI10.2307/2526627zbMath0692.90024MaRDI QIDQ3035096
Chaim Fershtman, Morton I. Kamien
Publication date: 1990
Published in: International Economic Review (Search for Journal in Brave)
Full work available at URL: http://www.kellogg.northwestern.edu/research/math/papers/746.pdf
control constraint; feedback Nash equilibrium; equilibrium-price paths; finite-horizon dynamic duopoly; finite-horizon linear quadratic differential game; globally asymptotically-stable stationary equilibrium
91A23: Differential games (aspects of game theory)
91B24: Microeconomic theory (price theory and economic markets)
91B62: Economic growth models
91A40: Other game-theoretic models
93D20: Asymptotic stability in control theory
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