Showing 1 - 2 of 2
A multi-player Dynkin game is a sequential game in which at every stage one of the players is chosen, and that player can decide whether to continue the game or to stop it, in which case all players receive some terminal payoff. <p> We study a variant of this model, where the order by which players...</p>
Persistent link: https://www.econbiz.de/10005011624
We address the question of existence of equilibrium in general timing games of complete information. Under weak assumptions, any two-player timing game has a subgame perfect e-equilibrium, for each e 0. This result is tight. For some classes of games (symmetric games, games with cumulative...
Persistent link: https://www.econbiz.de/10005011625