Gorder, Robert A. Van; Caputo, Michael R. - In: Journal of Economic Dynamics and Control 34 (2010) 6, pp. 1123-1139
Envelope theorems are established for locally differentiable Stackelberg equilibria of a general class of finite horizon differential games with an open-loop information structure. It is shown that the follower's envelope results agree in form with those of any player in an open-loop Nash...