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Stationary equilibria in stochastic games : structure, selection, and computation

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  • Herings, P.J.J.

    (Microeconomics & Public Economics)

  • Peeters, R.J.A.P.

    (Microeconomics & Public Economics)

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  • Herings, P.J.J. & Peeters, R.J.A.P., 2000. "Stationary equilibria in stochastic games : structure, selection, and computation," Research Memorandum 031, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    • Handle: RePEc:unm:umamet:2000031
    DOI: 10.26481/umamet.2000031
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    1. von Stengel, B. & van den Elzen, A.H. & Talman, A.J.J., 1996. "Tracing equilibria in extensive games by complementary pivoting," Other publications TiSEM 438ed645-c6be-469e-a7d9-7, Tilburg University, School of Economics and Management.
    2. John C. Harsanyi & Reinhard Selten, 1988. "A General Theory of Equilibrium Selection in Games," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262582384, April.
    3. Judd, Kenneth L., 1997. "Computational economics and economic theory: Substitutes or complements?," Journal of Economic Dynamics and Control, Elsevier, vol. 21(6), pages 907-942, June.
    4. Robert Wilson, 2010. "Computing Equilibria of n-person Games," Levine's Working Paper Archive 402, David K. Levine.
    5. Bergemann, Dirk & Valimaki, Juuso, 1996. "Learning and Strategic Pricing," Econometrica, Econometric Society, vol. 64(5), pages 1125-1149, September.
    6. McKelvey Richard D. & Palfrey Thomas R., 1995. "Quantal Response Equilibria for Normal Form Games," Games and Economic Behavior, Elsevier, vol. 10(1), pages 6-38, July.
    7. Jean-Jacques Herings, P., 1997. "A globally and universally stable price adjustment process," Journal of Mathematical Economics, Elsevier, vol. 27(2), pages 163-193, March.
    8. Bernhard von Stengel & Antoon van den Elzen & Dolf Talman, 2002. "Computing Normal Form Perfect Equilibria for Extensive Two-Person Games," Econometrica, Econometric Society, vol. 70(2), pages 693-715, March.
    9. Herings, P. Jean-Jacques & van den Elzen, Antoon, 2002. "Computation of the Nash Equilibrium Selected by the Tracing Procedure in N-Person Games," Games and Economic Behavior, Elsevier, vol. 38(1), pages 89-117, January.
    10. P. Jean-Jacques Herings, 2000. "Two simple proofs of the feasibility of the linear tracing procedure," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 15(2), pages 485-490.
    11. Pakes, Ariel & Ericson, Richard, 1998. "Empirical Implications of Alternative Models of Firm Dynamics," Journal of Economic Theory, Elsevier, vol. 79(1), pages 1-45, March.
    12. Maskin, Eric & Tirole, Jean, 2001. "Markov Perfect Equilibrium: I. Observable Actions," Journal of Economic Theory, Elsevier, vol. 100(2), pages 191-219, October.
    13. Olley, G Steven & Pakes, Ariel, 1996. "The Dynamics of Productivity in the Telecommunications Equipment Industry," Econometrica, Econometric Society, vol. 64(6), pages 1263-1297, November.
    14. Hans Haller & Roger Lagunoff, 2000. "Genericity and Markovian Behavior in Stochastic Games," Econometrica, Econometric Society, vol. 68(5), pages 1231-1248, September.
    15. Mas-Colell,Andreu, 1990. "The Theory of General Economic Equilibrium," Cambridge Books, Cambridge University Press, number 9780521388702, October.
    16. McKelvey, Richard D. & McLennan, Andrew, 1996. "Computation of equilibria in finite games," Handbook of Computational Economics, in: H. M. Amman & D. A. Kendrick & J. Rust (ed.), Handbook of Computational Economics, edition 1, volume 1, chapter 2, pages 87-142, Elsevier.
    17. Breton, Michele & Haurie, Alain & Filar, Jerzy A., 1986. "On the computation of equilibria in discounted stochastic dynamic games," Journal of Economic Dynamics and Control, Elsevier, vol. 10(1-2), pages 33-36, June.
    18. van den Elzen, Antoon & Talman, Dolf, 1999. "An Algorithmic Approach toward the Tracing Procedure for Bi-matrix Games," Games and Economic Behavior, Elsevier, vol. 28(1), pages 130-145, July.
    19. Herings P. Jean-Jacques & Peeters R., 1999. "A Differentiable Homotopy to Compute Nash Equilibria of n-Person Games," Research Memorandum 038, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    20. Von Stengel, Bernhard, 2002. "Computing equilibria for two-person games," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 3, chapter 45, pages 1723-1759, Elsevier.
    21. Pakes, Ariel & McGuire, Paul, 2001. "Stochastic Algorithms, Symmetric Markov Perfect Equilibrium, and the 'Curse' of Dimensionality," Econometrica, Econometric Society, vol. 69(5), pages 1261-1281, September.
    22. Richard Mckelvey & Thomas Palfrey, 1998. "Quantal Response Equilibria for Extensive Form Games," Experimental Economics, Springer;Economic Science Association, vol. 1(1), pages 9-41, June.
    23. Andrew McLennan, 2005. "The Expected Number of Nash Equilibria of a Normal Form Game," Econometrica, Econometric Society, vol. 73(1), pages 141-174, January.
    24. Herbert E. Scarf, 1967. "The Approximation of Fixed Points of a Continuous Mapping," Cowles Foundation Discussion Papers 216R, Cowles Foundation for Research in Economics, Yale University.
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