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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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A Multistage Bicriteria Production Game with Pollution Control
Kuzyutin D., Smirnova N., , in: Frontiers of Dynamic Games: Proceedings of the International Conference “Game Theory and Applications” 2022.: Cham: Birkhäuser, 2024. Ch. 7 P. 93–107.
Added: May 21, 2025
Sustainable Cooperation in a Bicriteria Game of Renewable Resource Extraction
Kuzyutin D., Smirnova N., , in: Third International Conference, MSBC 2024, Almaty, Kazakhstan, September 18–20, 2024, Proceedings. Modeling and Simulation of Social-Behavioral Phenomena in Creative Societies. CCIS, volume 2211.: Cham: Springer, 2024. Ch. 6 P. 70–84.
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Многошаговая модель использования возобновляемого ресурса игроками двух типов
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The paper examines an infinite-horizon multistage game of renewable resource extraction with two types of players, differing in the discount rates of future payoffs. Using the dynamic programming method, a non-cooperative solution - a subgame perfect Nash equilibrium in stationary positional strategies, as well as a cooperative (Paretooptimal) solution for the case of complete cooperation ...
Added: April 12, 2024
Sustainable Cooperation in a Bicriteria Game of Renewable Resource Extraction
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We study a multi-objective finite-horizon game model of renewable, common resource extraction where the players have two separate objectives (one is economic success; the other describes the players’ environmental concern). We derive the cooperative strategy and the subgame-perfect Pareto equilibrium in linear-state non-stationary feedback strategies by employing the dynamic programming approach. Since the utility is ...
Added: April 7, 2023
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We introduce a multi-objective discrete-time competitive model of renewable resource extraction in which the standard economic objective is supplemented with an environmental one. Non-cooperative and cooperative solutions in feedback strategies are derived and compared with the solutions established for a standard single-criterion dynamic game. ...
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A Novel Payoff Distribution Procedure for Sustainable Cooperation in an Extensive Game with Payoffs at All Nodes
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This paper is a contribution to the problem of sustainable cooperation in an extensive-form game. We study an extension of the subgame-perfect core concept to more broad class of games (when the payoffs are defined at all nodes) which is based on the payoff distribution procedure approach. The properties of this β-S-P Core are studied ...
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Cooperation Enforcing in Multistage Multicriteria Game: New Algorithm and Its Implementation
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To enforce the long-term cooperation in a multistage multicriteria game we use the imputation distribution procedure (IDP) based approach. We mainly focus on such useful properties of the IDP like “reward immediately after the move” assumption, time consistency inequality, efficiency and non-negativity constraint. To overcome the problem of negative payments along the optimal cooperative trajectory ...
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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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Subgame Consistent Cooperative Behavior in an Extensive form Game with Chance Moves
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We design a mechanism of the players’ sustainable cooperation in multistage n-person game in the extensive form with chance moves. When the players agreed to cooperate in a dynamic game they have to ensure time consistency of the long-term cooperative agreement. We provide the players’ rank based (PRB) algorithm for choosing a unique cooperative strategy ...
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Pankratova Y., Petrosyan L., Proceedings of the Steklov Institute of Mathematics 2019 Vol. 305 P. 140–149
In our previous papers (2002, 2017), we derived conditions for the existence of a strong Nash equilibrium in multistage nonzero-sum games under additional constraints on the possible deviations of coalitions from their agreed-upon strategies. These constraints allowed only one-time simultaneous deviations of all the players in a coalition. However, it is clear that in real-world ...
Added: October 26, 2019
A-Subgame Concept and the Solutions Properties for Multistage Games with Vector Payoffs
Kuzyutin D., Yaroslavna Pankratova, Светлов Р., , in: Frontiers of Dynamic Games, Game Theory and Management, St. Petersburg, 2018.: Birkhäuser, 2019. P. 85–102.
We deal with multistage multicriteria games in extensive form and employ so-called “A-subgame” concept to examine dynamical properties of some non-cooperative and cooperative solutions. It is proved that if we take into account only the active players at each A-subgame the set of all strong Pareto equilibria is time consistent but does not satisfy dynamical ...
Added: October 5, 2019
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