JDG
A note on differential games with Pareto-optimal NASH equilibria: Deterministic and stochastic models
Alejandra Fonseca-Morales Onésimo Hernández-Lerma
Journal of Dynamics & Games 2017, 4(3): 195-203 doi: 10.3934/jdg.2017012

Pareto optimality and Nash equilibrium are two standard solution concepts for cooperative and non-cooperative games, respectively. At the outset, these concepts are incompatible-see, for instance, [7] or [10]. But, on the other hand, there are particular games in which Nash equilibria turn out to be Pareto-optimal [1], [4], [6], [18], [20]. A class of these games has been identified in the context of discrete-time potential games [13]. In this paper we introduce several classes of deterministic and stochastic potential differential games [12] in which open-loop Nash equilibria are also Pareto optimal.

keywords: Nash equilibrium Pareto optimal differential games potential games

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