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Hamiltonian Potential Functions for Differential Games

Author

Listed:
  • Davide Dragone

    () (Department of Economics, University of Bologna, Italy)

  • Luca Lambertini

    () (Department of Economics, University of Bologna, Italy; ENCORE, University of Amsterdam, The Netherlands; The Rimini Centre for Economic Analysis, Italy)

  • George Leitmann

    () (College of Engineering, University of California at Berkeley, United States of America)

  • Arsen Palestini

    () (MEMOTEF, Sapienza University of Rome, Italy)

Abstract

We introduce the concept of Hamiltonian potential functions for non-cooperative open-loop differential games and we characterize sufficient conditions for their existence. We also identify a class of games admitting a Hamiltonian potential and illustrate the related properties of their dynamic structure. Possible similarities with the theory of quasi-aggregative games are discussed. As an illustration, we consider an asymmetric oligopoly game with process innovation.

Suggested Citation

  • Davide Dragone & Luca Lambertini & George Leitmann & Arsen Palestini, 2015. "Hamiltonian Potential Functions for Differential Games," Working Paper series 15-25, Rimini Centre for Economic Analysis.
  • Handle: RePEc:rim:rimwps:15-25
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    References listed on IDEAS

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    Cited by:

    1. L. Lambertini, 2013. "Coordinating Static and Dynamic Supply Chains with Advertising through Two-Part Tariffs," Working Papers wp874, Dipartimento Scienze Economiche, Universita' di Bologna.
    2. Engwerda, J.C., 2012. "Prospects of Tools from Differential Games in the Study Of Macroeconomics of Climate Change," Discussion Paper 2012-045, Tilburg University, Center for Economic Research.

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