Continuous-time games of timing
نویسندگان
چکیده
We address the question of existence of equilibrium in general timing games with complete information. Under weak assumptions, any two-player timing game has a Markov subgame perfect e-equilibrium, for each e40: This result is tight. For some classes of games (symmetric games, games with cumulative payoffs), stronger existence results are established. r 2004 Elsevier Inc. All rights reserved. JEL classification: C72; C73
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ورودعنوان ژورنال:
- J. Economic Theory
دوره 120 شماره
صفحات -
تاریخ انتشار 2005