A Report on NISOCSol: an Algorithm For Approximating Markovian Equlibria in Dynamic Games with Coupled-Constraints

Krawczyk, Jacek B; Azzato, Jeffrey D

dc.contributor.author	Krawczyk, Jacek B
dc.contributor.author	Azzato, Jeffrey D
dc.date.accessioned	2008-09-08T21:33:08Z
dc.date.accessioned	2022-07-07T02:24:41Z
dc.date.available	2008-09-08T21:33:08Z
dc.date.available	2022-07-07T02:24:41Z
dc.date.copyright	2006
dc.date.issued	2006
dc.identifier.uri	https://ir.wgtn.ac.nz/handle/123456789/19274
dc.description.abstract	In this report, we outline a method for approximating a Markovian (or feedback-Nash) equilibrium of a dynamic game, possibly subject to coupled-constraints. We treat such a game as a "multiple" optimal control problem. A method for approximating a solution to a given optimal control problem via backward induction on Markov chains was developed in [Kra01]. A Markovian equilibrium may be obtained numerically by adapting this backward induction approach to a stage Nikaido-Isoda function (described in [KZ06]).	en_NZ
dc.format	pdf	en_NZ
dc.language.iso	en_NZ
dc.publisher	Te Herenga Waka—Victoria University of Wellington	en_NZ
dc.subject	Nikaido-Isoda function	en_NZ
dc.subject	Computational economics	en_NZ
dc.subject	Dynamic games	en_NZ
dc.subject	Climate	en_NZ
dc.subject	Taxation	en_NZ
dc.subject	Water	en_NZ
dc.subject	Markov decision chains	en_NZ
dc.subject	Econometric software	en_NZ
dc.subject	Dynamic programming	en_NZ
dc.subject	Noncooperative games	en_NZ
dc.subject	Computational techniques	en_NZ
dc.subject	Applications of game theory	en_NZ
dc.subject	Environmental economics	en_NZ
dc.title	A Report on NISOCSol: an Algorithm For Approximating Markovian Equlibria in Dynamic Games with Coupled-Constraints	en_NZ
dc.type	Text	en_NZ
vuwschema.contributor.unit	School of Economics and Finance	en_NZ
vuwschema.subject.anzsrcfor	149999 Economics not elsewhere classified	en_NZ
vuwschema.subject.marsden	340202 Environmental and Resource Economics	en_NZ
vuwschema.subject.marsden	280406 Mathematical Software	en_NZ
vuwschema.subject.marsden	340299 Applied Economics n.e.c.	en_NZ
vuwschema.type.vuw	Working or Occasional Paper	en_NZ
vuwschema.subject.anzsrcforV2	389999 Other economics not elsewhere classified	en_NZ