Asynchronous horizons durable-strategies dynamic games

2021 Research Outreach  
R apid advances in communication and information technology have led to real-life strategic interactions becoming intertemporal and dynamic. During the past five decades, dynamic game applications have developed to model the intertemporal nature of economic, social and political interactive behaviours. They are capable of modelling both competitive and cooperative interactions among the participants. However, in many reallife interactions, the participants' time horizon are different due to
more » ... erent entry and exit times, varied life spans, and overlapping generations. In addition, durable strategies that have lasting effects over extended periods of time -such as revenue-generating investments, advertising and promotion, toxic waste disposal and deforestationare frequently observed.
doi:10.32907/ro-126-1891236420 fatcat:3mcygvf6tfb33n6ajucjhw3t7a