Arbeitspapier
Nash equilibria of threshold type for two-player nonzero-sum games of stopping
This paper analyses two-player nonzero-sum games of optimal stopping on a class of regular diffusions with singular boundary behaviour (in the sense of Itô and McKean (1974) [19], p. 108). We prove that Nash equilibria are realised by stopping the diffusion at the first exit time from suitable intervals whose boundaries solve a system of algebraic equations. Under mild additional assumptions we also prove uniqueness of the equilibrium.
- Language
-
Englisch
- Bibliographic citation
-
Series: Center for Mathematical Economics Working Papers ; No. 563
- Classification
-
Wirtschaft
- Subject
-
nonzero-sum Dynkin games
Nash equilibrium
smooth-fit principle
regular diffusions
free boundary problems
- Event
-
Geistige Schöpfung
- (who)
-
De Angelis, Tiziano
Ferrari, Giorgio
Moriarty, John
- Event
-
Veröffentlichung
- (who)
-
Bielefeld University, Center for Mathematical Economics (IMW)
- (where)
-
Bielefeld
- (when)
-
2016
- Handle
- URN
-
urn:nbn:de:0070-pub-29047482
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- De Angelis, Tiziano
- Ferrari, Giorgio
- Moriarty, John
- Bielefeld University, Center for Mathematical Economics (IMW)
Time of origin
- 2016
Other Objects (12)
Nash equilibria of threshold type for two-player nonzero-sum games of stopping
Strict pure strategy Nash equilibria in large finite-player games
Learning to Play Approximate Nash Equilibria in Games with Many Players
From Nash to Dependency Equilibria
Nash equilibria of informational extensions
Viable Nash Equilibria: An Experiment
Nash equilibria in discrete routing games
Full-truthful implementation in Nash equilibria
Fixed point theorems via Nash Equilibria
Commitments, Intentions, Truth and Nash Equilibria
Nash equilibria of COVID-19 vaccination
Nash equilibria in discrete routing games
Nash equilibria of threshold type for two-player nonzero-sum games of stopping
Strict pure strategy Nash equilibria in large finite-player games
Learning to Play Approximate Nash Equilibria in Games with Many Players
From Nash to Dependency Equilibria
Nash equilibria of informational extensions
Viable Nash Equilibria: An Experiment
Nash equilibria in discrete routing games
Full-truthful implementation in Nash equilibria
Fixed point theorems via Nash Equilibria
Commitments, Intentions, Truth and Nash Equilibria
Nash equilibria of COVID-19 vaccination
Nash equilibria in discrete routing games
Nash equilibria of threshold type for two-player nonzero-sum games of stopping
Strict pure strategy Nash equilibria in large finite-player games
Learning to Play Approximate Nash Equilibria in Games with Many Players
From Nash to Dependency Equilibria
Nash equilibria of informational extensions
Viable Nash Equilibria: An Experiment
Nash equilibria in discrete routing games
Full-truthful implementation in Nash equilibria
Fixed point theorems via Nash Equilibria
Commitments, Intentions, Truth and Nash Equilibria
Nash equilibria of COVID-19 vaccination