- Tytuł:
- Dynamic consistency under private information
- Autorzy:
- Correa, R.
- Powiązania:
- https://bibliotekanauki.pl/articles/205556.pdf
- Data publikacji:
- 1999
- Wydawca:
- Polska Akademia Nauk. Instytut Badań Systemowych PAN
- Tematy:
-
teoria gier
topologia
dynamic consistency
imperfect information
loop model
Nash game
Stackelberg game
time consistemcy - Opis:
- Time inconsistency is often demonstrated in the context of the global Sta.ckelberg solution of a two-person, two-stage dynamic game. The loop model of dynamic games is used. The recommended solution to the problem is for both players to adopt open-loop strategies. VVe recast the problem in an imperfect informa-tion framework. In contrast to the standard result, (i) a consistency in the outcomes of the lash game and the associated Stackelberg game is shown and (ii) it is proved that under feedback information patterns, both players prefer to play the Stackelberg game rather than the associated Nash game.
- Źródło:
-
Control and Cybernetics; 1999, 28, 2; 225-232
0324-8569 - Pojawia się w:
- Control and Cybernetics
- Dostawca treści:
- Biblioteka Nauki
Artykuł