On a special case of non-symmetric resource extraction games with unbounded payoffs

The game of resource extraction/capital accumulation is a stochastic infinite-horizon game, which models a joint utilization of a productive asset over time. The paper complements the available results on pure Markov perfect equilibrium existence in the non-symmetric game setting with an arbitrary...

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Bibliographic Details
Main Author: Illia Sylenko
Format: Article
Language:English
Published: Balikesir University 2021-09-01
Series:An International Journal of Optimization and Control: Theories & Applications
Subjects:
Online Access:http://www.ijocta.org/index.php/files/article/view/1070