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 develops a theory of regular Markov perfect equilibria in dynamic stochastic games. We show that almost all dynamic stochastic games have a finite number of locally isolated Markov perfect equilibria that are all regular. These equilibria are essential and strongly stable. Moreover, they all admit purification.