Nash Equilibrium and Robust Stability in Dynamic Games: A Small-Gain Perspective

Details Nash Equilibrium and Robust Stability in Dynamic Games: A Small-Gain Perspective Nash Equilibrium and Robust Stability in Dynamic Games: A Small-Gain Perspective

2010-01-09

arxiv.org/abs/1001.1438v1

Mathematics

Dynamical Systems

Scientific paper

This paper develops a novel methodology to study robust stability properties of Nash equilibrium points in dynamic games. Small-gain techniques in modern mathematical control theory are used for the first time to derive conditions guaranteeing uniqueness and global asymptotic stability of Nash equilibrium point for economic models described by functional difference equations. Specification to a Cournot oligopoly game is studied in detail to demonstrate the power of the proposed methodology.

Affiliated with

Also associated with

No associations

Rating

Nash Equilibrium and Robust Stability in Dynamic Games: A Small-Gain Perspective does not yet have a rating. At this time, there are no reviews or comments for this scientific paper.

If you have personal experience with Nash Equilibrium and Robust Stability in Dynamic Games: A Small-Gain Perspective, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Nash Equilibrium and Robust Stability in Dynamic Games: A Small-Gain Perspective will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFWR-SCP-O-580519