Article ID: | iaor19992494 |
Country: | Netherlands |
Volume: | 107 |
Issue: | 3 |
Start Page Number: | 737 |
End Page Number: | 754 |
Publication Date: | Jun 1998 |
Journal: | European Journal of Operational Research |
Authors: | Yeung David W.K. |
Keywords: | programming: dynamic |
This paper presents a class of differential games which admits a feedback Nash equilibrium solution with linear value functions. An interesting feature is that not only may the equilibrium strategies be highly nonlinear, they may even assume a general structure instead of an explicit specification. A number of existing games are shown to be games belonging to this class of games. Two new applications – one in political support scrambling and one in common pool non-renewable resources extraction – are provided.