There is no known nonlinear Markov perfect equilibrium strategies for the infinite horizon linear quadratic differential game

• 成果类型: Article
• 署名作者: Bernhard, Pierre
• 署名单位: Universite Cote d'Azur
• 刊物名称: JOURNAL OF ECONOMIC THEORY
• ISSN/ISSBN: 0022-0531
• DOI: 10.1016/j.jet.2024.105927
• 发表日期: 2024
• 关键词: Markov perfect equilibrium; Nonlinear strategies; Linear-quadratic differential games

摘要

We discuss published accounts of nonlinear equilibrium strategies in linear quadratic differential games. The main reference: Tsutsui-Mino 1990, is shown to be misleading.