Abstract

In this paper we search for conditions on age-structured differential games to make their analysis more tractable. We focus on a class of age-structured differential games which show the features of ordinary linear-state differential games, and we prove that their open-loop Nash equilibria are sub-game perfect. By means of a simple age-structured advertising problem, we provide an application of the theoretical results presented in the paper, and we show how to determine an open-loop Nash equilibrium.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.