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Markovian Equilibrium in a Class of Stochastic Games: Existence Theorems for Discounted and Undiscounted Models

Citations

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Cited by:

  1. Steinmetz, Alexander, 2010. "Price and inventory dynamics in an oligopoly industry: A framework for commodity markets," W.E.P. - Würzburg Economic Papers 82, University of Würzburg, Department of Economics.
  2. Prajit K. Dutta & Roy Radner, 2016. "Capital Growth in a Global Warming Model: Will China and India Sign a Climate Treaty?," Studies in Economic Theory, in: Graciela Chichilnisky & Armon Rezai (ed.), The Economics of the Global Environment, pages 277-310, Springer.
  3. Gerhard Sorger, 1997. "Markov-perfect Nash equilibria in a class of resource games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 11(1), pages 79-100.
  4. Anna Jaśkiewicz & Andrzej S. Nowak, 2018. "On symmetric stochastic games of resource extraction with weakly continuous transitions," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 26(2), pages 239-256, July.
  5. AMIR, Rabah, 2001. "Stochastic games in economics and related fields: an overview," LIDAM Discussion Papers CORE 2001060, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  6. Mitri Kitti, 2011. "Conditionally Stationary Equilibria in Discounted Dynamic Games," Dynamic Games and Applications, Springer, vol. 1(4), pages 514-533, December.
  7. Dutta, Prajit K. & Radner, Roy, 2009. "A strategic analysis of global warming: Theory and some numbers," Journal of Economic Behavior & Organization, Elsevier, vol. 71(2), pages 187-209, August.
  8. L. Doyen & A. A. Cissé & N. Sanz & F. Blanchard & J.-C. Pereau, 2018. "The Tragedy of Open Ecosystems," Dynamic Games and Applications, Springer, vol. 8(1), pages 117-140, March.
  9. Tapan Mitra & Gerhard Sorger, 2015. "Noncooperative Resource Exploitation by Patient Players," Dynamic Games and Applications, Springer, vol. 5(3), pages 361-377, September.
  10. Christos Koulovatianos & Leonard J. Mirman, 2003. "The Effects of Market Structure on Industry Growth," University of Cyprus Working Papers in Economics 7-2003, University of Cyprus Department of Economics.
  11. Aislinn Bohren, 2016. "Using Persistence to Generate Incentives in a Dynamic Moral Hazard Problem," PIER Working Paper Archive 16-024, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 15 Oct 2016.
  12. Janusz Matkowski & Andrzej Nowak, 2011. "On discounted dynamic programming with unbounded returns," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 46(3), pages 455-474, April.
  13. Antoniadou, Elena & Koulovatianos, Christos & Mirman, Leonard J., 2013. "Strategic exploitation of a common-property resource under uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 65(1), pages 28-39.
  14. Koulovatianos, Christos & Mirman, Leonard J., 2007. "The effects of market structure on industry growth: Rivalrous non-excludable capital," Journal of Economic Theory, Elsevier, vol. 133(1), pages 199-218, March.
  15. J. Aislinn Bohren, 2011. "Stochastic Games in Continuous Time: Persistent Actions in Long-Run Relationships, Second Version," PIER Working Paper Archive 14-033, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Aug 2014.
  16. Tapan Mitra & Gerhard Sorger, 2015. "Noncooperative Resource Exploitation by Patient Players," Dynamic Games and Applications, Springer, vol. 5(3), pages 361-377, September.
  17. Ngo Long, 2011. "Dynamic Games in the Economics of Natural Resources: A Survey," Dynamic Games and Applications, Springer, vol. 1(1), pages 115-148, March.
  18. Alexander Steinmetz, 2010. "Price and Inventory Dynamics in an Oligopoly Industry: A Framework for Commodity Markets," Working Papers 092, Bavarian Graduate Program in Economics (BGPE).
  19. Christos Koulovatianos, 2015. "Strategic Exploitation of a Common-Property Resource Under Rational Learning About its Reproduction," Dynamic Games and Applications, Springer, vol. 5(1), pages 94-119, March.
  20. Koulovatianos, Christos & Mirman, Leonard J., 2007. "The effects of market structure on industry growth: Rivalrous non-excludable capital," Journal of Economic Theory, Elsevier, vol. 133(1), pages 199-218, March.
  21. Balbus, Łukasz & Jaśkiewicz, Anna & Nowak, Andrzej S., 2015. "Stochastic bequest games," Games and Economic Behavior, Elsevier, vol. 90(C), pages 247-256.
  22. David González-Sánchez & Fernando Luque-Vásquez & J. Adolfo Minjárez-Sosa, 2019. "Zero-Sum Markov Games with Random State-Actions-Dependent Discount Factors: Existence of Optimal Strategies," Dynamic Games and Applications, Springer, vol. 9(1), pages 103-121, March.
  23. Ligon, Ethan & Narain, Urvashi, 1997. "Government Management of Village Commons: Evaluating Joint Forest Management," CUDARE Working Papers 198655, University of California, Berkeley, Department of Agricultural and Resource Economics.
  24. Piotr Szajowski, 2006. "Constructions of Nash Equilibria in Stochastic Games of Resource Extraction with Additive Transition Structure," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 63(2), pages 239-260, May.
  25. Christos Koulovatianos & Leonard J. Mirman, 2003. "R&D Investment, Market Structure, and Industry Growth," University of Cyprus Working Papers in Economics 8-2003, University of Cyprus Department of Economics.
  26. Andrzej Nowak, 2007. "On stochastic games in economics," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 66(3), pages 513-530, December.
  27. Antoniadou, Elena & Koulovatianos, Christos & Mirman, Leonard J., 2013. "Strategic exploitation of a common-property resource under uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 65(1), pages 28-39.
  28. Ulrich Doraszelski & Mark Satterthwaite, 2010. "Computable Markov‐perfect industry dynamics," RAND Journal of Economics, RAND Corporation, vol. 41(2), pages 215-243, June.
  29. Steve Alpern & Shmuel Gal, 2009. "Analysis and design of selection committees: a game theoretic secretary problem," International Journal of Game Theory, Springer;Game Theory Society, vol. 38(3), pages 377-394, November.
  30. Łukasz Balbus & Anna Jaśkiewicz & Andrzej S. Nowak, 2015. "Existence of Stationary Markov Perfect Equilibria in Stochastic Altruistic Growth Economies," Journal of Optimization Theory and Applications, Springer, vol. 165(1), pages 295-315, April.
  31. Nowak, Andrzej S., 2008. "Equilibrium in a dynamic game of capital accumulation with the overtaking criterion," Economics Letters, Elsevier, vol. 99(2), pages 233-237, May.
  32. Jaśkiewicz, Anna & Nowak, Andrzej S., 2014. "Stationary Markov perfect equilibria in risk sensitive stochastic overlapping generations models," Journal of Economic Theory, Elsevier, vol. 151(C), pages 411-447.
  33. Jaśkiewicz, Anna & Nowak, Andrzej S., 2022. "A note on topological aspects in dynamic games of resource extraction and economic growth theory," Games and Economic Behavior, Elsevier, vol. 131(C), pages 264-274.
  34. Łukasz Balbus & Anna Jaśkiewicz & Andrzej S. Nowak, 2020. "Equilibria in Altruistic Economic Growth Models," Dynamic Games and Applications, Springer, vol. 10(1), pages 1-18, March.
  35. Khan, M. Ali, 2016. "On a forest as a commodity and on commodification in the discipline of forestry," Forest Policy and Economics, Elsevier, vol. 72(C), pages 7-17.
  36. A. S. Nowak, 2010. "On a Noncooperative Stochastic Game Played by Internally Cooperating Generations," Journal of Optimization Theory and Applications, Springer, vol. 144(1), pages 88-106, January.
  37. Escobar, Juan F., 2013. "Equilibrium analysis of dynamic models of imperfect competition," International Journal of Industrial Organization, Elsevier, vol. 31(1), pages 92-101.
  38. Hubert Asienkiewicz & Łukasz Balbus, 2019. "Existence of Nash equilibria in stochastic games of resource extraction with risk-sensitive players," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 27(3), pages 502-518, October.
  39. Bohren, J. Aislinn, 2024. "Persistence in a dynamic moral hazard game," Theoretical Economics, Econometric Society, vol. 19(1), January.
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