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arXiv 2008-10-31 0 views

The Continuous Time Nonzero-sum Dynkin Game Problem and Application in Game Options

Hamadene, Said · Zhang, Jianfeng

Original · EN

In this paper we study the nonzero-sum Dynkin game in continuous time which is a two player non-cooperative game on stopping times. We show that it has a Nash equilibrium point for general stochastic processes. As an application, we consider the problem of pricing American game contingent claims by the utility maximization approach.

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