Back to Search Start Over

A Nonzero Sum Differential Game of BSDE With Time-Delayed Generator and Applications

Authors :
Guangchen Wang
Jingtao Shi
Source :
IEEE Transactions on Automatic Control. 61:1959-1964
Publication Year :
2016
Publisher :
Institute of Electrical and Electronics Engineers (IEEE), 2016.

Abstract

In this technical note, a nonzero sum differential game is studied, where the state dynamics follows a backward stochastic differential equation with time-delayed generator. An Arrow's sufficient condition for open-loop equilibrium point is proved. A linear-quadratic differential game and a pension fund management problem with time-delayed surplus are discussed as the applications of the sufficient optimality condition.

Details

ISSN :
23343303 and 00189286
Volume :
61
Database :
OpenAIRE
Journal :
IEEE Transactions on Automatic Control
Accession number :
edsair.doi...........a3f67cf446e209efcafaf85c503689a6
Full Text :
https://doi.org/10.1109/tac.2015.2480335