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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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Added: May 21, 2025
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 ...
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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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Added: October 5, 2019
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