Almost sure Nash equilibrium strategies in evolutionary models of asset markets

被引：0
|
作者：
W. Bahsoun
I. V. Evstigneev
L. Xu
机构：
[1] Loughborough University,School of Mathematics
[2] University of Manchester,Economics Department
来源：
Mathematical Methods of Operations Research | 2011年 / 73卷
关键词：
Stochastic games; Evolutionary finance; Capital growth theory; Random dynamical systems; 91A15; 91G10; 91B51; 91G80;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
We consider a stochastic model of a financial market with long-lived dividend-paying assets and endogenous asset prices. The model was initially developed and analyzed in the context of evolutionary finance, with the main focus on questions of “survival and extinction” of investment strategies. In this paper we view the model from a different, game-theoretic, perspective and examine Nash equilibrium strategies, satisfying equilibrium conditions with probability one.
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页码：235 / 250
页数：15
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