Stationary Strong Stackelberg Equilibrium in Discounted Stochastic Games
GERAD Research Center via YouTube
Overview
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Explore a 54-minute seminar on dynamic games and applications focusing on Stationary Strong Stackelberg Equilibrium (SSSE) in Discounted Stochastic Games. Delve into the comparison between SSSE and Fixed Point Equilibrium (FPE) solutions, examining their existence conditions and potential equivalence. Learn about the explicit solving of Stackelberg equilibrium conditions for SSSE and the efficient computation of FPE using value or policy iteration algorithms. Discover the proven existence and coincidence of FPE and SSSE in specific game classes, such as Myopic Follower Strategy and Team games. Analyze examples where either SSSE or FPE may not exist, or instances where they exist but differ, providing a comprehensive understanding of these solution concepts in discounted stochastic games.
Syllabus
Stationary Strong Stackelberg Equilibrium in Discounted Stochastic Games, Alain Jean-Marie
Taught by
GERAD Research Center