Closed form solutions are found for a particular class of Hamilton- Jacobi-Bellman equations emerging from a differential game among fims competing over quantities in a simultaneous oligopoly framework. After the derivation of the solutions, a microeconomic example in a non-standard market is presented where feedback equilibrium is calculated with the help of one of the previous formulas.

Analytic solutions for Hamilton-Jacobi-Bellman equations / Palestini, Arsen. - In: ELECTRONIC JOURNAL OF DIFFERENTIAL EQUATIONS. - ISSN 1072-6691. - ELETTRONICO. - 8 (2016):(2017), pp. 1-11.

Analytic solutions for Hamilton-Jacobi-Bellman equations

PALESTINI, Arsen
2017

Abstract

Closed form solutions are found for a particular class of Hamilton- Jacobi-Bellman equations emerging from a differential game among fims competing over quantities in a simultaneous oligopoly framework. After the derivation of the solutions, a microeconomic example in a non-standard market is presented where feedback equilibrium is calculated with the help of one of the previous formulas.
2017
Hamilton-Jacobi-Bellman equations; feedback equilibrium; differential game
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Analytic solutions for Hamilton-Jacobi-Bellman equations / Palestini, Arsen. - In: ELECTRONIC JOURNAL OF DIFFERENTIAL EQUATIONS. - ISSN 1072-6691. - ELETTRONICO. - 8 (2016):(2017), pp. 1-11.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11573/924410
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