Myopic Solutions of Affine Dynamic Models

DOI10.1287/OPRE.38.5.847MaRDI QIDQ5202045zbMATHOpenAlexFDO

Authors Matthew J. Sobel

Publication date 1990

Published in Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1287/opre.38.5.847

zbMATH Keywords

advertisingsufficient conditionsdynamic processdynamic oligopolysequential gamemyopic equilibrium pointmyopic optimumaquaculture harvesting

Mathematics Subject Classification ID

Applications of game theory (91A80) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Multistage and repeated games (91A20) Microeconomic theory (price theory and economic markets) (91B24) Economic growth models (91B62)

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Cited in

(13)

• Myopic solutions of homogeneous sequential decision processes
• The myopic property in decision models
• Inventory decisions with decreasing purchasing costs
• The performance of forwards induction policies
• Cournot competition with hyperbolic learning and myopic firms: a note
• The optimality of myopic stocking policies for systems with decreasing purchasing prices
• Easy affine Markov decision processes
• Dynamic games with an application to climate change models
• Technical Note—Advertising Models, Stochastic Games and Myopic Strategies
• Modeling myopia: application to non-renewable resource extraction
• Technical Note—A Note on “Myopic Solutions of Markovian Decision Processes and Stochastic Games”
• Higher-Order and Average Reward Myopic-Affine Dynamic Models
• Collaboration with a supplier to induce fair labor practices

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