A differential game between government and the firms : comments

C.A.A.M. Withagen

doi:10.1007/BF01227526

A differential game between government and the firms : comments

C.A.A.M. Withagen

Onderzoeksoutput: Bijdrage aan tijdschrift › Tijdschriftartikel › Academic › peer review

606 Citaten (Scopus)

Samenvatting

It is argued here that the Nash equilibrium calculated by Gradus (1989) is not the Nash equilibrium found when applying the definition generally employed in differential game theory. The model presented by Gradus would call for a modified Nash equilibrium concept as outlined in this note.

Originele taal-2	Engels
Pagina's (van-tot)	285-290
Aantal pagina's	6
Tijdschrift	Journal of Economics
Volume	52
Nummer van het tijdschrift	3
DOI's	https://doi.org/10.1007/BF01227526 https://doi.org/10.1016/0047-2727(93)90036-S
Status	Gepubliceerd - 1990

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