IEEE Transactions on Automatic Control, Vol.42, No.11, 1612-1614, 1997
Existence of a Feedback Equilibrium for 2-Stage Stackelberg Games
ln this paper we consider a two-stage feedback game in which two players solve a Stackelberg problem at each stage and each player knows the state of the game at every level of play. In this kind of game, the leader does not have the ability to announce his strategy at ail levels of play prior to the start of the game. Without assuming that at each stage the Stackelberg problem has a unique solution, we define a concept of "feedback Stackelberg solution" and give sufficient conditions to get existence of such a solution.