Please use this identifier to cite or link to this item:
http://hdl.handle.net/20.500.11861/6462
Title: | A note on clemhout and Wan's dynamic games of common property resources |
Authors: | Plourde, C. Prof. YEUNG Wing Kay, David |
Issue Date: | 1987 |
Source: | Journal of Optimization Theory and Applications, 1987, vol. 55, pp. 327-331. |
Journal: | Journal of Optimization Theory and Applications |
Abstract: | Recently, Clemhout and Wan (Ref. 1) provided solutions to a class of stochastic differential game models concerning common property resources. However, they only established closed-loop strategies for the infinite-horizon problem using the Kushner test. In this paper, we provide closed-loop feedback solutions to their game in a finite-time horizon with deterministic evolution dynamics. |
Type: | Peer Reviewed Journal Article |
URI: | http://hdl.handle.net/20.500.11861/6462 |
ISSN: | 0022-3239 |
DOI: | 10.1007/BF00939089 |
Appears in Collections: | Economics and Finance - Publication |
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