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A Cooperation Scheme in Multistage Game of Renewable Resource Extraction with Asymmetric Players

Ch. 17. P. 235–249.
Kuzyutin D., Skorodumova Y., Smirnova N.
Language: English
DOI
Text on another site
Keywords: Cooperative solutionmultistage gameSubgame-perfect equilibriumPayoff distribution procedureRenewable resource extractionFishery-management model

In book

Mathematical Optimization Theory and Operations Research, 21st International Conference, MOTOR 2022, Petrozavodsk, Russia, July 2–6, 2022, Proceedings
Vol. 13367. , Springer, 2022.
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We consider a class of multistage multicriteria games in extensive form with chance moves where the players cooperate to maximize their expected joint vector payoff. Assuming that the players have agreed to accept the minimal sum of relative deviations rule in order to choose a unique Pareto optimal payoffs vector, we prove the time consistency ...
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