Published July 1980 | Version Submitted
Working Paper Open

A Class of Differential Games Where the Closed-Loop and Open-Loop Nash Equilibria Coincide

Abstract

It is well known that, in general, Nash equilibria in open-loop strategies do not coincide with those in closed-loop strategies. This note identifies a class of differential games in which the Nash equilibrium in closed-loop strategies is degenerate in the sense that it depends on time (t) only. Consequently, the closed-loop equilibrium is also an equilibrium in open-loop strategies.

Additional Information

Published as Reinganum, Jennifer F. "A class of differential games for which the closed-loop and open-loop Nash equilibria coincide." Journal of Optimization Theory and Applications 36.2 (1982): 253-262.

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Identifiers

Eprint ID
82258
Resolver ID
CaltechAUTHORS:20171010-133022165

Dates

Created
2017-10-10
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Updated
2019-10-03
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Caltech groups
Social Science Working Papers
Series Name
Social Science Working Paper
Series Volume or Issue Number
333