Article ID: | iaor20061354 |
Country: | United States |
Volume: | 30 |
Issue: | 1 |
Start Page Number: | 51 |
End Page Number: | 72 |
Publication Date: | Feb 2005 |
Journal: | Mathematics of Operations Research |
Authors: | Solan Eilon |
We introduce a new approach to studying subgame-perfect equilibrium payoffs in stochastic games: the differential equations approach. We apply our approach to quitting games with perfect information. Those are sequential games in which at every stage one of