Abstract

Recently, a model of dynamic Stackelberg games with leaders in turn has been proposed, and dynamic Stackelberg games with leaders in turn have been exploited under a feedback information structure. This paper characterizes dynamic Stackelberg games with leaders in turn under other information structures, both closed-loop and open-loop information structures. Explicit solutions are given for linear-quadratic systems under an open-loop information structure for dynamic Stackelberg games with leaders in turn.

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