IDEAS home Printed from https://ideas.repec.org/a/eee/apmaco/v290y2016icp9-20.html

A matrix approach to modeling and optimization for dynamic games with random entrance

Author

Listed:
  • Zhao, Guodong
  • Wang, Yuzhen
  • Li, Haitao

Abstract

This paper investigates the algebraic formulation and optimization control for a class of dynamic games with random entrance by using the semi-tensor product method, and presents a number of new results. First, the given dynamic game is considered as a kind of networked evolutionary games with switch networks, based on which, it is formulated as a Markov processes to analyze. Second, using receding horizon control method, the given game’s optimization problem is solved by a state feedback controller, when the major player is considered as a control. Finally, an illustrative example is studied to support our new results.

Suggested Citation

  • Zhao, Guodong & Wang, Yuzhen & Li, Haitao, 2016. "A matrix approach to modeling and optimization for dynamic games with random entrance," Applied Mathematics and Computation, Elsevier, vol. 290(C), pages 9-20.
  • Handle: RePEc:eee:apmaco:v:290:y:2016:i:c:p:9-20
    DOI: 10.1016/j.amc.2016.05.012
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0096300316303198
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.amc.2016.05.012?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Ellison, Glenn, 1993. "Learning, Local Interaction, and Coordination," Econometrica, Econometric Society, vol. 61(5), pages 1047-1071, September.
    2. G. Papavassilopoulos, 2013. "University-Students Game," Dynamic Games and Applications, Springer, vol. 3(3), pages 387-418, September.
    3. Balasko, Yves & Shell, Karl, 1980. "The overlapping-generations model, I: The case of pure exchange without money," Journal of Economic Theory, Elsevier, vol. 23(3), pages 281-306, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zhou, Mengyu & Liu, Xingwen & Liu, Yaojun & Hu, Qi & Shu, Feng, 2025. "Analysis and optimization control of demand response via networked evolutionary game with memory," Chaos, Solitons & Fractals, Elsevier, vol. 199(P1).
    2. Xinrong Yang & Zhenping Geng & Haitao Li, 2023. "Matrix-Based Method for the Analysis and Control of Networked Evolutionary Games: A Survey," Games, MDPI, vol. 14(2), pages 1-13, February.
    3. Wang, Yuanhua & Wang, Ying & Li, Haitao & Zang, Wenke, 2025. "Matrix expressions of symmetric n-player games," Applied Mathematics and Computation, Elsevier, vol. 488(C).
    4. Zhong, Jie & Liu, Yang & Kou, Kit Ian & Sun, Liangjie & Cao, Jinde, 2019. "On the ensemble controllability of Boolean control networks using STP method," Applied Mathematics and Computation, Elsevier, vol. 358(C), pages 51-62.
    5. Fu, Shihua & Cheng, Daizhan & Feng, Jun-e & Zhao, Jianli, 2021. "Matrix expression of finite Boolean-type algebras," Applied Mathematics and Computation, Elsevier, vol. 395(C).
    6. Tang, Yu & Li, Lulu & Lu, Jianquan, 2022. "Modeling and optimization for networked evolutionary games with player exit mechanism: Semi-tensor product of matrices method," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 590(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. H Peyton Young, 2014. "The Evolution of Social Norms," Economics Series Working Papers 726, University of Oxford, Department of Economics.
    2. Falk Armin & Kosfeld Michael, 2012. "It's all about Connections: Evidence on Network Formation," Review of Network Economics, De Gruyter, vol. 11(3), pages 1-36, September.
    3. Michael Kosfeld, 2002. "Stochastic strategy adjustment in coordination games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 20(2), pages 321-339.
    4. Sanjeev Goyal & Fernando Vega-Redondo, 2000. "Learning, Network Formation and Coordination," Econometric Society World Congress 2000 Contributed Papers 0113, Econometric Society.
    5. Conley, John P. & Neilson, William S., 2013. "Endogenous coordination and discoordination games: Multiculturalism and assimilation," Journal of Economic Behavior & Organization, Elsevier, vol. 92(C), pages 176-191.
    6. Manuel Förster & Michel Grabisch & Agnieszka Rusinowska, 2012. "Ordered Weighted Averaging in Social Networks," Documents de travail du Centre d'Economie de la Sorbonne 12056, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    7. Stefan Homburg, 2014. "Overaccumulation, Public Debt and the Importance of Land," German Economic Review, Verein für Socialpolitik, vol. 15(4), pages 411-435, November.
    8. Julia, Knolle, 2014. "An Empirical Comparison of Interest and Growth Rates," MPRA Paper 59520, University Library of Munich, Germany.
    9. Fernando Vega Redondo, 1993. "On The Evolution Of Cooperation In General Games Of Common Interest," Working Papers. Serie AD 1993-11, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    10. Lakshmi K. Raut, 1996. "Subgame perfect manipulation of children by overlapping generations of agents with two-sided altruism and endogenous fertility," Labor and Demography 9604003, University Library of Munich, Germany.
    11. Leonardo Boncinelli, 2007. "Choice under Markovian Constraints," Department of Economics University of Siena 516, Department of Economics, University of Siena.
    12. Desirée Desierto, 2012. "Imitation Dynamics with Spatial Poisson-Distributed Review and Mutation Rates," UP School of Economics Discussion Papers 201204, University of the Philippines School of Economics.
    13. Zhigang Feng & Jianjun Miao & Adrian Peralta‐Alva & Manuel S. Santos, 2014. "Numerical Simulation Of Nonoptimal Dynamic Equilibrium Models," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 55(1), pages 83-110, February.
    14. van Damme, E.E.C., 1995. "Game theory : The next stage," Other publications TiSEM 7779b0f9-bef5-45c7-ae6b-7, Tilburg University, School of Economics and Management.
    15. Charalambos Aliprantis & Kim Border & Owen Burkinshaw, 1996. "Market economies with many commodities," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 19(1), pages 113-185, March.
    16. Norman, Thomas W.L., 2009. "Rapid evolution under inertia," Games and Economic Behavior, Elsevier, vol. 66(2), pages 865-879, July.
    17. Sommarat Chantarat & Christopher Barrett, 2012. "Social network capital, economic mobility and poverty traps," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 10(3), pages 299-342, September.
    18. Enrico Zaninotto & Alessandro Rossi & Loris Gaio, 1999. "Stochastic learning in coordination games: a simulation approach," Quaderni DISA 015, Department of Computer and Management Sciences, University of Trento, Italy, revised 29 Jun 2003.
    19. Schoonbroodt, Alice & Tertilt, Michèle, 2014. "Property rights and efficiency in OLG models with endogenous fertility," Journal of Economic Theory, Elsevier, vol. 150(C), pages 551-582.
    20. Kazunori Araki & Hamish Low, 2000. "Noisy Convention Selection with Local Interaction," Sociological Methods & Research, , vol. 28(3), pages 312-340, February.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:apmaco:v:290:y:2016:i:c:p:9-20. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/applied-mathematics-and-computation .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.