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Static and Dynamic Equilibria in Games With Continuum of Players
Authors:Wiszniewska-Matyszkiel  Agnieszka
Institution:(1) Institute of Applied Mathematics and Mechanics, Warsaw University and Institute of Computer Science, Polish Academy of Sciences, Warsaw, Poland
Abstract:This paper is a study of a general class of deterministic dynamic games with an atomless measure space of players and an arbitrary time space. The payoffs of the players depend on their own strategy, a trajectory of the system and a function with values being finite dimensional statistics of static profiles. The players' available decisions depend on trajectories of the system.The paper deals with relations between static and dynamic open-loop equilibria as well as their existence. An equivalence theorem is proven and theorems on the existence of a dynamic equilibrium are shown as consequences.
Keywords:best response correspondence  differential games  dynamic games  equilibrium  games with continuum of players  multistage games
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