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2010 | 11 | 1 | 167-88
Article title

Asymptotic nash equilibria in discounted stochastic games of resource extraction

Authors
Content
Title variants
Languages of publication
EN
Abstracts
EN
A class of two person nonzero-sum nonsymmetric stochastic games of capital accumulation/resource extraction is considered. It is shown that the Nash equilibrium in the discounted games has a limit when the discount factor tends to 1. Moreover, this limit is an epsilon-equilibrium in the discounted game with sufficiently large discount factor.
Year
Volume
11
Issue
1
Pages
167-88
Physical description
Dates
published
2013
Contributors
  • Institute of Mathematics and Computer Sciences, Wroclaw University of Technology
References
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Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.desklight-da0ab0ba-a427-4f2c-a757-baabdd67f724
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