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Convexity, Differential Equations, and Games

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Author Info
Sjur Didrik Flam ()

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Abstract

Theoretical and experimental studies of noncooperative games increasingly recognize Nash equilibrium as a limiting outcome of players' repeated interaction. This note, while sharing that view, illustrates and advocates combined use of convex optimization and differential equations, the purpose being to render equilibrium both plausible and stable.

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File URL: http://www.cesifo-group.de/DocCIDL/cesifo_wp655.PDF
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Publisher Info
Paper provided by CESifo GmbH in its series CESifo Working Paper Series with number CESifo Working Paper No. 655.

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Date of creation: 2002
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Handle: RePEc:ces:ceswps:_655

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Related research
Keywords: noncooperative games Nash equilibrium repeated play differential equations stability.

Find related papers by JEL classification:
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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This page was last updated on 2009-1-6.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.