Results 141 to 150 of about 68,527 (180)
Robustness of Markov perfect equilibrium to model approximations in general-sum dynamic games
2021 Seventh Indian Control Conference (ICC), 2021 Jayakumar Subramanian +2 more
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A Markov‐perfect equilibrium model of the impacts of price controls on the performance of the pharmaceutical industry [PDF]
The RAND Journal of Economics, 2012 I introduce a computable dynamic equilibrium model of the pharmaceutical industry, parameterize it using industry facts, and use it to predict what happens if the United States adopts price controls or one or more non‐U.S. countries abandon their controls.
Darren Filson
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Stochastic Algorithms for Dynamic Models: Markov Perfect Equilibrium, and the 'Curse' of Dimensionality [PDF]
, 1997 This paper provides an algorithm for computing policies for dynamic economic models whose state vectors evolve as ergodic Markov processes. The algorithm can be described as a simple learning process (one that agents might actually use). It has two features which break the relationship between its computational requirements and the dimension of the ...
Ariel Pakes, Paul McGuire
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A Dynamic Game on Renewable Natural Resource Exploitation and Markov Perfect Equilibrium
, 2004 S. Kobayashi
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Rawlsian Intergenerational Justice as a Markov-perfect Equilibrium in a Resource Technology
, 2007 openaire +2 more sources
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, 2020
A monopolist sells over an infinite number of periods a durable good (available at different quality levels) to customers who differ in their preference for quality.
D. Laussel, Ngo van Long, J. Resende
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A monopolist sells over an infinite number of periods a durable good (available at different quality levels) to customers who differ in their preference for quality.
D. Laussel, Ngo van Long, J. Resende
semanticscholar +1 more source
dsGameSolver: A Python Program for Computing Markov Perfect Equilibria of Dynamic Stochastic Games
Social Science Research Network, 2019dsGameSolver is based on the homotopy method developed in Eibelshaeuser and Poensgen (2019). It is the first program capable of computing a Markov perfect equilibrium of any finite dynamic stochastic game -- subject to the usual restrictions on numerical
Steffen Eibelshäuser, David Poensgen
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Markov Perfect Equilibria in Non-Stationary Mean-Field Games
Social Science Research Network, 2019In this paper, we consider both finite and infinite horizon discounted dynamic mean-field games where there is a large population of homogeneous players sequentially making strategic decisions and each player is affected by other players through an ...
Deepanshu Vasal
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Markov perfect equilibrium. I: Observable actions
2001zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Maskin, Eric, Tirole, Jean
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