Infinite-horizon non-zero-sum stochastic differential games with additive structure

Héctor Jasso-Fuentes, José Daniel López-Barrientos, Beatris Adriana Escobedo-Trujillo

Research output: Contribution to journalArticlepeer-review

7 Scopus citations

Abstract

This paper deals with infinite-horizon non-zero-sum stochastic differential games with discounted and average payoffs and an additive structure. Our main objective is to give conditions for the existence of Nash equilibria in the set of stationary randomized strategies for the discounted payoff and then, by following the vanishing discount approach, to show the existence of Nash equilibria for the average payoff. To this end, we use standard dynamic programming techniques.

Original languageEnglish
Pages (from-to)283-309
Number of pages27
JournalIMA Journal of Mathematical Control and Information
Volume34
Issue number1
DOIs
StatePublished - 1 Jan 2017

Keywords

  • Additive structure
  • Average payoff
  • Discounted payoff
  • Stochastic differential games

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