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This paper studies the well‐posedness of a class of nonlocal fully nonlinear parabolic systems, which nest the equilibrium Hamilton–Jacobi–Bellman (HJB) systems that characterize the time‐consistent Nash equilibrium point of a stochastic differential game (SDG) with time‐inconsistent (TIC) preferences. The nonlocality of the parabolic systems stems from the flow feature (controlled by an external...
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