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Continuous-time games of timing

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  • Laraki, Rida
  • Solan, Eilon
  • Vieille, Nicolas

Abstract

We address the question of existence of equilibrium in general timing games with complete information. Under weak assumptions, any two-player timing game has a Markov subgame perfect var epsilon-equilibrium, for each var epsilon>0. This result is tight. For some classes of games (symmetric games, games with cumulative payoffs), stronger existence results are established.
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Laraki, Rida & Solan, Eilon & Vieille, Nicolas, 2005. "Continuous-time games of timing," Journal of Economic Theory, Elsevier, vol. 120(2), pages 206-238, February.
    • Handle: RePEc:eee:jetheo:v:120:y:2005:i:2:p:206-238
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    More about this item

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games

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