Title :
A counterexample in linear-quadratic games: Existence of nonlinear Nash solutions
Author_Institution :
Marmara Research Institute, Gebze, Kocaeli, Turkey
Abstract :
Via a 2-stage linear-quadratic 2-person nonzero-sum game, we show that such decision problems might admit nonlinear Nash solutions. As compared with the linear strategy, a nonlinear Nash policy might lead to a better performance for at least one of the players.
Keywords :
Costs; Councils; Difference equations; Game theory; Linearity; Nash equilibrium;
Conference_Titel :
Decision and Control including the 13th Symposium on Adaptive Processes, 1974 IEEE Conference on
Conference_Location :
Phoenix, AZ, USA
DOI :
10.1109/CDC.1974.270522