On a nonrenewable resource extraction game played by asymmetric firms

DOI10.1007/S10957-013-0462-XzbMath1302.91162OpenAlexW2041755343WikidataQ63379524 ScholiaQ63379524MaRDI QIDQ481784

S. Kostyunin, Arsen Palestini, Ekaterina V. Shevkoplyas

Publication date: 15 December 2014

Published in: Journal of Optimization Theory and Applications (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10957-013-0462-x

zbMATH Keywords

Hamilton-Jacobi-Bellman equationsnonrenewable resourcesrandom terminal time

Mathematics Subject Classification ID

Noncooperative games (91A10) Dynamic programming in optimal control and differential games (49L20) Differential games and control (49N70) Applications of optimal control and differential games (49N90) Differential games (aspects of game theory) (91A23) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Related Items (7)

Approximation of value function of differential game with minimal cost ⋮ On optimal control of pollution emissions: an example of the largest industrial enterprises of Irkutsk oblast ⋮ Payoff distribution in a multi-company extraction game with uncertain duration ⋮ Dynamic Programming Equations for the Game-Theoretical Problem with Random Initial Time ⋮ On the regularization of a cooperative solution in a multistage game with random time horizon ⋮ Stable Marketing Cooperation in a Differential Game for an Oligopoly ⋮ Unnamed Item

Cites Work

• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Non-constant discounting and differential games with random time horizon
• Developments in differential game theory and numerical methods: Economic and management applications
• The optimal extraction rate of a natural resource under uncertainty
• Function space integration for annuities.
• An optimal control problem with a random stopping time
• The extraction of natural resources from two sites under uncertainty
• On coincidence of feedback Nash equilibria and Stackelberg equilibria in economic applications of differential games
• Oligopoly Extraction of a Common Property Natural Resource: The Importance of the Period of Commitment in Dynamic Games
• Resource Depletion Under Technological Uncertainty
• Recent trends in modeling of deteriorating inventory

This page was built for publication: On a nonrenewable resource extraction game played by asymmetric firms