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Efficient Markov perfect Nash equilibria: theory and application to dynamic fishery games

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  • Martin-Herran, G.
  • Rincon-Zapatero, J.P.

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  • Martin-Herran, G. & Rincon-Zapatero, J.P., 2005. "Efficient Markov perfect Nash equilibria: theory and application to dynamic fishery games," Journal of Economic Dynamics and Control, Elsevier, vol. 29(6), pages 1073-1096, June.
    • Handle: RePEc:eee:dyncon:v:29:y:2005:i:6:p:1073-1096
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    References listed on IDEAS

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    1. Chiarella, Carl, et al, 1984. "On the Economics of International Fisheries," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 25(1), pages 85-92, February.
    2. Haurie, Alain & Pohjola, Matti, 1987. "Efficient equilibria in a differential game of capitalism," Journal of Economic Dynamics and Control, Elsevier, vol. 11(1), pages 65-78, March.
    3. Rincon-Zapatero, J. P., 2004. "Characterization of Markovian equilibria in a class of differential games," Journal of Economic Dynamics and Control, Elsevier, vol. 28(7), pages 1243-1266, April.
    4. Ehtamo, Harri & Hamalainen, Raimo P., 1993. "A cooperative incentive equilibrium for a resource management problem," Journal of Economic Dynamics and Control, Elsevier, vol. 17(4), pages 659-678, July.
    5. Pradeep Dubey, 1986. "Inefficiency of Nash Equilibria," Mathematics of Operations Research, INFORMS, vol. 11(1), pages 1-8, February.
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    Cited by:

    1. Beard, Rodney, 2008. "A dynamic model of renewable resource harvesting with Bertrand competition," MPRA Paper 8916, University Library of Munich, Germany.
    2. L. Lambertini & G. Leitmann, 2017. "On the attainment of the maximum sustainable yield in the Verhulst-Lotka-Volterra model," Working Papers wp1112, Dipartimento Scienze Economiche, Universita' di Bologna.
    3. Ricardo Josa-Fombellida & Juan Rincón-Zapatero, 2015. "Euler–Lagrange equations of stochastic differential games: application to a game of a productive asset," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 59(1), pages 61-108, May.
    4. Wang, Hefei, 2012. "Costly information transmission in continuous time with implications for credit rating announcements," Journal of Economic Dynamics and Control, Elsevier, vol. 36(9), pages 1402-1413.
    5. David González-Sánchez & Onésimo Hernández-Lerma, 2014. "Dynamic Potential Games: The Discrete-Time Stochastic Case," Dynamic Games and Applications, Springer, vol. 4(3), pages 309-328, September.

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