Markov Perfect Nash Equilibrium in Stochastic Differetial Games as Solution of a Generalized Euler Equations System

  1. Josa Fombellida, Ricardo
  2. Rincón Zapatero, Juan Pablo
Revista:
Documentos de trabajo. Economic series ( Universidad Carlos III. Departamento de Economía )

Any de publicació: 2008

Número: 67

Tipus: Document de treball

DIALNET GOOGLE SCHOLAR lock_openAccés obert editor

Resum

This paper gives a new method to characterize Markov Perfect Nash Equilibrium in stochastic differential games by means of a set of Generalized Euler Equations. Necessary and sufficient conditions are given.

Fuente de los datos: Dialnet