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Iterative Schemes for Markov Perfect Equilibria

math.OC · 2025-07-28 · conditional · novelty 7.0

Picard and weighted Picard best-response iterations converge geometrically to the unique Markov perfect equilibrium in symmetric finite-state continuous-time games, with no Lasry-Lions monotonicity needed.

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  • Iterative Schemes for Markov Perfect Equilibria math.OC · 2025-07-28 · conditional · none · ref 5

    Picard and weighted Picard best-response iterations converge geometrically to the unique Markov perfect equilibrium in symmetric finite-state continuous-time games, with no Lasry-Lions monotonicity needed.