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A Novel Payoff Distribution Procedure for Sustainable Cooperation in an Extensive Game with Payoffs at All Nodes

Ch. 20. P. 279–294.
Kuzyutin D., Smirnova N.

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 and algorithm of its implementation in a 2-player game is provided. Using this algorithm we construct specific payoff distribution procedure from the β-S-P Core in an extensive-form version of the fishery-management model with asymmetric players.

Language: English
DOI
Text on another site
Keywords: coreCooperative solutionExtensive-form gamesSubgame-perfect equilibriumPayoff distribution procedureFishery-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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