Approximate Nash equilibria for discrete-time linear quadratic dynamic games
File(s)Approximate_dynamic_games.pdf (322.91 KB)
Accepted version
Author(s)
Nortmann, Benita
Mylvaganam, Thulasi
Type
Conference Paper
Abstract
It is generally challenging to determine Nash equilibrium
solutions of nonzero-sum dynamic games, even for games characterised by a quadratic cost and linear dynamics, and particularly in the discrete-time, infinite-horizon case. Motivated by this, we propose and characterise a notion of approximate feedback Nash equilibrium solutions for this class of dynamic games, the epsilon-alpha-beta-Nash equilibrium, which provides guarantees on the convergence rate of the trajectories of the resulting closed-loop system. The efficacy of the results is demonstrated via a simulation example involving macroeconomic policy design.
solutions of nonzero-sum dynamic games, even for games characterised by a quadratic cost and linear dynamics, and particularly in the discrete-time, infinite-horizon case. Motivated by this, we propose and characterise a notion of approximate feedback Nash equilibrium solutions for this class of dynamic games, the epsilon-alpha-beta-Nash equilibrium, which provides guarantees on the convergence rate of the trajectories of the resulting closed-loop system. The efficacy of the results is demonstrated via a simulation example involving macroeconomic policy design.
Date Issued
2023-11-22
Date Acceptance
2023-03-03
Citation
IFAC-PapersOnLine, 2023, 56 (2), pp.1760-1765
ISSN
2405-8963
Publisher
Elsevier
Start Page
1760
End Page
1765
Journal / Book Title
IFAC-PapersOnLine
Volume
56
Issue
2
Copyright Statement
© The Author(s) 2023. © 2023 The Authors. With the permission of IFAC for the purpose of open access, the author has applied a Creative Commons Attribution (CC BY) licence to any Author Accepted Manuscript version arising.
Source
22nd IFAC World Congress
Publication Status
Published
Start Date
2023-07-09
Finish Date
2023-07-14
Coverage Spatial
Yokohama, Japan
Date Publish Online
2023-11-22