Solving quadratic multi-leader-follower games by smoothing the follower's best response
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DOI: 10.1080/10556788.2020.1828412
Abstract: We derive Nash equilibria for a class of quadratic multi-leader-follower games using the nonsmooth best response function. To overcome the challenge of nonsmoothness, we pursue a smoothing approach resulting in a reformulation as a smooth… read more here.
Keywords: leader follower; multi leader; quadratic multi; follower games ... See more keywords