期刊名称:HIER Discussion Paper Series / Harvard Institute of Economic Research
出版年度:2008
卷号:2008
出版社:Harvard Institute of Economic Research
摘要:This paper provides a step-by-step guide to solving dynamic stochastic games using the homotopy method. The homotopy method facilitates exploring the equilibrium correspondence in a systematic fashion; it is especially useful in games that have multiple equilibria. We discuss the theory of the homotopy method and its implementation and present two detailed examples of dynamic stochastic games that are solved using this method.