期刊名称：CORE Discussion Papers / Center for Operations Research and Econometrics (UCL), Louvain
出版年度：2001
卷号：2001
出版社：Center for Operations Research and Econometrics (UCL), Louvain
摘要：This chapter considers a recent trend in the application of stochastic
games to economics characterized by the use of the lattice-theoretic
approach to capture the monotonic properties of Markovian equilib-
ria. The topics covered are: (i) a general framework for discounted
stochastic games with Liptchitz-continuous and monotone equilibrium
strategies and values, (ii) a model of capital accumulation, (iii) two
classes of games with perfect information, in strategic bequests and
oligopoly with commitment. In view of the restriction to pure-strategy
equilibria and of the natural monotonicity property of strategies and
value functions in most economic applications, this approach appears
most promising.
