Document Type
Discussion Paper
Publication Date
5-1-1979
CFDP Number
525
CFDP Pages
18
Abstract
We define discrete time sequential games which are multiperson Markov decision processes. The extant theory is sketched and compared with our assessment of research needs in dynamic models of oligopoly and other competitive resource allocation problems. A special class of economic survival games is noted.
Recommended Citation
Shubik, Martin and Sobel, Matthew J., "Stochastic Games, Oligopoly Theory and Competitive Resource Allocation" (1979). Cowles Foundation Discussion Papers. 760.
https://elischolar.library.yale.edu/cowles-discussion-paper-series/760
