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On the open-loop Nash equilibrium in LQ-games

  • Engwerda, Jacob C.

In this paper we consider open-loop Nash equilibria of the linear-quadratic differential game.As well the finite-planning-horizon, the infinite-planning horizon as convergence properties of the finite-planning-horizon equilibrium if the planning horizon is extended to infinity are studied.Particular attention is paid to computational aspects and the scalar case.

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File URL: http://www.sciencedirect.com/science/article/B6V85-3SX8BH0-5/2/e0e74ae261e2ad78430aa3b157362468
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Article provided by Elsevier in its journal Journal of Economic Dynamics and Control.

Volume (Year): 22 (1998)
Issue (Month): 5 (May)
Pages: 729-762

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Handle: RePEc:eee:dyncon:v:22:y:1998:i:5:p:729-762
Contact details of provider: Web page: http://www.elsevier.com/locate/jedc

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  1. Fershtman, Chaim & Kamien, Morton I, 1987. "Dynamic Duopolistic Competition with Sticky Prices," Econometrica, Econometric Society, vol. 55(5), pages 1151-64, September.
  2. Kaitala, Veijo & Pohjola, Matti & Tahvonen, Olli, 1990. "Transboundary Air Pollution and Soil Acidification: A Dynamic Analysis of an Acid Rain Game between Finland and the USSR," Discussion Papers 344, The Research Institute of the Finnish Economy.
  3. Tabellini, Guido, 1986. "Money, debt and deficits in a dynamic game," Journal of Economic Dynamics and Control, Elsevier, vol. 10(4), pages 427-442, December.
  4. Bas Aarle & Lans Bovenberg & Matthias Raith, 1995. "Monetary and fiscal policy interaction and government debt stabilization," Journal of Economics, Springer, vol. 62(2), pages 111-140, June.
  5. Weeren, A.J.T.M., 1995. "Coordination in hierarchical control," Other publications TiSEM c24c0d84-75c9-4e80-a9cd-0, Tilburg University, School of Economics and Management.
  6. Douven, R.C.M.H. & Engwerda, J.C., 1995. "Is there room for convergence in the E.C.?," Other publications TiSEM 36d97fd3-a495-4c2e-b800-0, Tilburg University, School of Economics and Management.
  7. Brociner, Andrew & Levine, Paul L, 1992. "Fiscal Policy Coordination and EMU: A Dynamic Game Approach," CEPR Discussion Papers 639, C.E.P.R. Discussion Papers.
  8. de Zeeuw, A J & van der Ploeg, F, 1991. "Difference Games and Policy Evaluation: A Conceptual Framework," Oxford Economic Papers, Oxford University Press, vol. 43(4), pages 612-36, October.
  9. Petit, Maria Luisa, 1989. "Fiscal and Monetary Policy Co-ordination: A Differential Game Approac h," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 4(2), pages 161-79, April-Jun.
  10. Bovenberg, A.L. & van Aarle, B. & Raith, M., 1995. "Monetary and fiscal policy interaction and government debt stabilization," Other publications TiSEM 551a1c00-24f8-4a9e-aec8-b, Tilburg University, School of Economics and Management.
  11. Reinhard Neck & Engelbert Dockner, 1995. "Commitment and coordination in a dynamic game model of international economic policy-making," Open Economies Review, Springer, vol. 6(1), pages 5-28, January.
  12. Halkin, Hubert, 1974. "Necessary Conditions for Optimal Control Problems with Infinite Horizons," Econometrica, Econometric Society, vol. 42(2), pages 267-72, March.
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