PERMAINAN DINAMIS LlNGKAR TERBUKA LINEAR KUADRATIS SISTEM DESKRIPTOR DAN APLIKASINYA PADA INTERAKSI FISKAL MONETER

• Main Author: , Salmah
• Format: Article NonPeerReviewed
• Published: [Yogyakarta] : Lembaga Penelitian dan Pengabdian Kepada Masyaraka 2009
• Online Access: https://repository.ugm.ac.id/95229/; http://repository.ugm.ac.id/digitasi/index.php?module=cari_hasil_full&idbuku=3047
• Institution: Universitas Gadjah Mada

<p>In this paper we willstudy linear quadratic continuous non-zero-sum two player dynamic games for descriptor system. In application for economic problem we need to indude discounting fador in the cost function. We assume that the strudure of the game is open loop. Tofind Nash equilibrium solution of the game with infinite horizon case we will relate to solution of algebraic Riccati equation. Non-recursive formulae for solution of algebraic Riccati equation will be derived. Fiscal monetary interaction among nations naturally will be a linear quadratic dynamic game model. In this paper the model will be consider in the framework of linear quadratic dynamic game descriptor system. In the objective function as usually happened in economic problem. there is a discounting fador. For analyzing further the model will be brought to a standard linear quadratic dynamic game. Then the numerical formulae for the solution of linear quadratic dynamic game descriptor system is applied for fiscal monetary interaction among nation problem. Stability of the controlled system will be analyze by consider the eigen values of the dosed loop system.</p>