Abstract
We are concerned with the following problem: "Two agents (or player) want to minimize their own cost-functionals with some constraints on decision variables". Stackelberg and Nash equilibria are considered and different situations arising in the research of sufficient conditions for the existence of equilibria in the two cases are studied. Applications of those results to a class of differential games and to incentive strategies theory are showed.
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© 1991 Springer-Verlag
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Mignanego, F., Pieri, G. (1991). Equilibrium points in constrained minimization and games. In: Hämäläinen, R.P., Ehtamo, H.K. (eds) Dynamic Games in Economic Analysis. Lecture Notes in Control and Information Sciences, vol 157. Springer, Berlin, Heidelberg. https://doi.org/10.1007/BFb0006249
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DOI: https://doi.org/10.1007/BFb0006249
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