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
Zeitschrift:
Documentos de trabajo. Economic series ( Universidad Carlos III. Departamento de Economía )

Datum der Publikation: 2008

Nummer: 67

Art: Arbeitsdokument

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Zusammenfassung

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