English

Existence of Nash Equilibrium Points for Markovian Nonzero-sum Stochastic Differential Games with Unbounded Coefficients

Optimization and Control 2014-08-06 v2 Probability

Abstract

This paper is related to nonzero-sum stochastic differential games in the Markovian framework. We show existence of a Nash equilibrium point for the game when the drift is no longer bounded and only satisfies a linear growth condition. The main tool is the notion of backward stochastic differential equations which, in our case, are multidimensional with continuous coefficient and stochastic linear growth.

Keywords

Cite

@article{arxiv.1308.5882,
  title  = {Existence of Nash Equilibrium Points for Markovian Nonzero-sum Stochastic Differential Games with Unbounded Coefficients},
  author = {Said Hamadène and Rui Mu},
  journal= {arXiv preprint arXiv:1308.5882},
  year   = {2014}
}