Existence and Policy Effectiveness in Feedback Nash LQ-Games

This paper illustrates how the classical theory of economic policy can profitably be used to verify some properties of the Linear Nash Feedback Equilibrium in difference LQ-games. In particular, we find that both a necessary condition for the equilibrium existence and a sufficient condition for poli...

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Bibliographic Details
Main Authors: Nicola Acocella, Giovanni Di Bartolomeo
Format: Article
Language:English
Published: Accademia Piceno Aprutina dei Velati 2008-12-01
Series:Ratio Mathematica
Subjects:
Online Access:http://eiris.it/ojs/index.php/ratiomathematica/article/view/87