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Moving-Horizon Control in Dynamic Games

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  • W. A. van den Broek

    (Tilburg University)

Abstract

We consider a continuous-time system influenced by different agents who adopt moving-horizon control. The well-known Nash equilibrium concept is used to define two concepts for solutions fitting into the moving-horizon structure. One of them is analyzed in more detail among the class of linear quadratic games. The (dis)advantages of the moving-horizon control are illustrated by means of a government debt stabilization model.

Suggested Citation

  • W. A. van den Broek, 1999. "Moving-Horizon Control in Dynamic Games," Computing in Economics and Finance 1999 122, Society for Computational Economics.
    • Handle: RePEc:sce:scecf9:122
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    References listed on IDEAS

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    1. Engwerda, Jacob C., 1998. "On the open-loop Nash equilibrium in LQ-games," Journal of Economic Dynamics and Control, Elsevier, vol. 22(5), pages 729-762, May.
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