IDEAS home Printed from https://ideas.repec.org/p/cor/louvrp/1664.html

Stochastic games in economics and related fields: an overview

Author

Listed:
  • AMIR, Rabah

Abstract

This survey provides an extensive account of research in economics based on the stochastic games paradigm. Its area-by-area coverage is in the form of an overview, and includes applications in resource economics, industrial organization, macroeconomics, market games, experimental and empirical economics. For methodologically defined frameworks, the coverage is somewhat more detailed (to the extent that the material is not covered elsewhere in this volume), and includes the open-loop concept, the linear-quadratic model, myopic equilibrium, games of perfect information, and stochastic games with a continuum of players.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • AMIR, Rabah, 2003. "Stochastic games in economics and related fields: an overview," LIDAM Reprints CORE 1664, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvrp:1664
    DOI: 10.1007/978-94-010-0189-2_30
    Note: In : A. Neyman and S. Sorin (eds.), Stochastic Games and Applications. Dordrecht, Kluwer Academic Publishers, 455-470, 2003.
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    Other versions of this item:

    Citations

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


    Cited by:

    1. Antoine Mandel & Xavier Venel, 2017. "Dynamic competition over social networks Dynamic competition over social networks," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01524453, HAL.
    2. Piotr Szajowski, 2006. "Constructions of Nash Equilibria in Stochastic Games of Resource Extraction with Additive Transition Structure," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 63(2), pages 239-260, May.
    3. Boucekkine, Raouf & Fabbri, Giorgio & Federico, Salvatore & Gozzi, Fausto, 2022. "A dynamic theory of spatial externalities," Games and Economic Behavior, Elsevier, vol. 132(C), pages 133-165.
    4. Gianluigi Vernasca, 2003. "Dynamic Price Competition with Price Adjustment Costs and Product Differentiation," Working Papers 2003.120, Fondazione Eni Enrico Mattei.
    5. Pau Juan-Bartroli & Esteban Mu~noz-Sobrado, 2025. "The sustainability of contribution norms with income dynamics," Papers 2510.26503, arXiv.org.
    6. Elena M. Parilina & Alessandro Tampieri, 2018. "Stability and cooperative solution in stochastic games," Theory and Decision, Springer, vol. 84(4), pages 601-625, June.
    7. Peixuan Li & Chuangyin Dang & P. Jean-Jacques Herings, 2024. "Computing perfect stationary equilibria in stochastic games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 78(2), pages 347-387, September.
    8. Charles Figuières, 2009. "Markov interactions in a class of dynamic games," Theory and Decision, Springer, vol. 66(1), pages 39-68, January.
    9. Antoine Mandel & Xavier Venel, 2017. "Dynamic competition over social networks Dynamic competition over social networks," Post-Print halshs-01524453, HAL.
    10. Amir, Rabah & Machowska, Dominika & Nowakowski, Andrzej, 2025. "The sleeper effect of comparative advertising in oligopolistic markets," Journal of Economic Dynamics and Control, Elsevier, vol. 177(C).
    11. Wei He, 2022. "Discontinuous stochastic games," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 73(4), pages 827-858, June.
    12. Yehuda (John) Levy, 2012. "A Discounted Stochastic Game with No Stationary Nash Equilibrium," Discussion Paper Series dp596r, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem, revised May 2012.
    13. Kimmo Berg, 2016. "Elementary Subpaths in Discounted Stochastic Games," Dynamic Games and Applications, Springer, vol. 6(3), pages 304-323, September.
    14. Reinoud Joosten, 2007. "Patience, Fish Wars, rarity value & Allee effects," Papers on Economics and Evolution 2007-24, Philipps University Marburg, Department of Geography.
    15. He, Wei & Sun, Yeneng, 2017. "Stationary Markov perfect equilibria in discounted stochastic games," Journal of Economic Theory, Elsevier, vol. 169(C), pages 35-61.
    16. Vernasca, Gianluigi, 2003. "Dynamic Price Competition With Price Adjustment Costs And Product Differentiation," The Warwick Economics Research Paper Series (TWERPS) 681, University of Warwick, Department of Economics.
    17. repec:pri:metric:wp053_2013_abreu_pearce_implementing-the-nash-program-in-stochastic-games is not listed on IDEAS
    18. Reinoud Joosten & Robin Meijboom, 2010. "Stochastic games with endogenous transitions," Papers on Economics and Evolution 2010-24, Philipps University Marburg, Department of Geography.
    19. R. Joosten, 2005. "A small Fish War: an example with frequency-dependent stage payoffs," Papers on Economics and Evolution 2005-06, Philipps University Marburg, Department of Geography.
    20. Amir, Rabah & Machowska, Dominika & Troege, Michael, 2021. "Advertising patterns in a dynamic oligopolistic growing market with decay," Journal of Economic Dynamics and Control, Elsevier, vol. 131(C).
    21. Mandel, Antoine & Venel, Xavier, 2020. "Dynamic competition over social networks," European Journal of Operational Research, Elsevier, vol. 280(2), pages 597-608.
    22. İzgi, Burhaneddin & Özkaya, Murat & Üre, Nazım Kemal & Perc, Matjaž, 2024. "Matrix norm based hybrid Shapley and iterative methods for the solution of stochastic matrix games," Applied Mathematics and Computation, Elsevier, vol. 473(C).
    23. Reinoud Joosten, 2016. "Strong and Weak Rarity Value: Resource Games with Complex Price–Scarcity Relationships," Dynamic Games and Applications, Springer, vol. 6(1), pages 97-111, March.

    More about this item

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

    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:cor:louvrp:1664. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Alain GILLIS (email available below). General contact details of provider: https://edirc.repec.org/data/coreebe.html .

    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.