Continuous convex stochastic games of capital accumulation

被引:0
|
作者
Wiecek, P [1 ]
机构
[1] Wroclaw Tech Univ, Inst Math, PL-50370 Wroclaw, Poland
来源
ADVANCES IN DYNAMIC GAMES: APPLICATIONS TO ECONOMICS, FINANCE, OPTIMIZATION, AND STOCHASTIC CONTROL | 2005年 / 7卷
关键词
D O I
10.1007/0-8176-4429-6_6
中图分类号
O29 [应用数学];
学科分类号
070104 ;
摘要
We present a generalization of Amir's continuous model of nonsymmetric infinite-horizon discounted stochastic game of capital accumulation. We show that the game has a pure-strategy equilibrium in strategies that are nondecreasing and have Lipschitz property. To prove that, we use a technique based on an approximation of continuous model by the analogous discrete one.
引用
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页码:111 / 125
页数:15
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