A differential game between government and firms: Comments

Cees Withagen

doi:10.1007/BF01227526

A differential game between government and firms: Comments

Cees Withagen^*

^*Corresponding author for this work

Research output: Contribution to Journal › Article › Academic › peer-review

Abstract

It is argued here that the Nash equilibrium calculated by Gradus (1989) is not the Nash equilibrium found when applying the definition generally employed in differential game theory. The model presented by Gradus would call for a modified Nash equilibrium concept as outlined in this note.

Original language	English
Pages (from-to)	285-290
Number of pages	6
Journal	Journal of Economics Zeitschrift für Nationalökonomie
Volume	52
Issue number	3
DOIs	https://doi.org/10.1007/BF01227526
Publication status	Published - Oct 1990

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title = "A differential game between government and firms: Comments",

abstract = "It is argued here that the Nash equilibrium calculated by Gradus (1989) is not the Nash equilibrium found when applying the definition generally employed in differential game theory. The model presented by Gradus would call for a modified Nash equilibrium concept as outlined in this note.",

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A differential game between government and firms: Comments

Abstract

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