Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10001732963
Static and dynamic games are important tools for the analysis of strategic interactions among economic agents and have found many applications in economics. In many games equilibria can be described as solutions of polynomial equations. In this paper we describe state-of-the-art techniques for...
Persistent link: https://www.econbiz.de/10008797725
Persistent link: https://www.econbiz.de/10009562886
Persistent link: https://www.econbiz.de/10002950888
Persistent link: https://www.econbiz.de/10002586890
Persistent link: https://www.econbiz.de/10011673131
Persistent link: https://www.econbiz.de/10012016454
Discrete-time stochastic games with a finite number of states have been widely applied to study the strategic interactions among forward-looking players in dynamic environments. These games suffer from a “curse of dimensionality” when the cost of computing players’ expectations over all...
Persistent link: https://www.econbiz.de/10011756461
Static and dynamic games are important tools for the analysis of strategic interactions among economic agents and have found many applications in economics. In many games, equilibria can be described as solutions of polynomial equations. In this paper, we describe state-of-the-art techniques for...
Persistent link: https://www.econbiz.de/10011756833
Continuous-time stochastic games with a finite number of states have substantial computational and conceptual advantages over the more common discrete-time model. In particular, continuous time avoids a curse of dimensionality and speeds up computations by orders of magnitude in games with more...
Persistent link: https://www.econbiz.de/10013125762