A Differential Game for Optimal Water Price Management

This article studies a leader–follower differential game with a finite horizon, where a single buyer reacts to the selling price set by an agency (water supplier). The Open-Loop Stackelberg equilibrium is calculated, assuming that the user demand is fully satisfied (that is, the interior solution is...

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Bibliographic Details
Main Authors: Andrea Caravaggio, Luigi De Cesare, Andrea Di Liddo
Format: Article
Language:English
Published: MDPI AG 2023-04-01
Series:Games
Subjects:
Online Access:https://www.mdpi.com/2073-4336/14/2/33