Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/159359 
Year of Publication: 
2004
Series/Report no.: 
Quaderni - Working Paper DSE No. 518
Publisher: 
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE), Bologna
Abstract: 
We investigate the issue of strategic substitutability/complementarity in differential games. We prove that instantaneous best replies exist if Hamiltonian functions are multiplicative in the control variables. Otherwise, if the Hamiltonians are addively separable w.r.t. controls, a dominant strategy emerges for each player. In this case, however, imposing stationarity on the differential equations of states, one can still identify best replies at the steady state, which is ruled out by definition in static games.
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

Files in This Item:
File
Size
279.49 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.