Abstract
This paper is devoted to a new class of differential games with continuous and dynamic updating. The direct application of resource extraction in a case of dynamic and continuous updating is considered. It is proved that the optimal control (cooperative strategies) and feedback Nash equilibrium strategies uniformly converge to the corresponding strategies in the game model with continuous updating as the number of updating instants converges to infinity. Similar results are presented for an optimal trajectory (cooperative trajectory), equilibrium trajectory and corresponding payoffs.
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The work is supported by Postdoctoral International Exchange Program of China, and corresponding author’ work is also supported by the National Natural Science Foundation of China (No. 72171126).
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Petrosian, O., Denis, T., Zhou, JJ. et al. Differential Game Model of Resource Extraction with Continuous and Dynamic Updating. J. Oper. Res. Soc. China 12, 51–75 (2024). https://doi.org/10.1007/s40305-023-00484-2
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DOI: https://doi.org/10.1007/s40305-023-00484-2