Proves that discrete-time and fully discrete approximations converge to the value functions of infinite-horizon N-player differential games and yield epsilon-Nash equilibria as time step and mesh size approach zero.
& Mart ´ ın-Herr´ an G., Does flexibility facilitate sustainability of cooperation over time? A case study from environmental econ omics
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On Discrete-Time Approximations to Infinite Horizon Differential Games
Proves that discrete-time and fully discrete approximations converge to the value functions of infinite-horizon N-player differential games and yield epsilon-Nash equilibria as time step and mesh size approach zero.