Contributions to Game Theory and Management
RUS  ENG    JOURNALS   PEOPLE   ORGANISATIONS   CONFERENCES   SEMINARS   VIDEO LIBRARY   PACKAGE AMSBIB  
General information
Latest issue
Archive

Search papers
Search references

RSS
Latest issue
Current issues
Archive issues
What is RSS



Contributions to Game Theory and Management:
Year:
Volume:
Issue:
Page:
Find






Personal entry:
Login:
Password:
Save password
Enter
Forgotten password?
Register


Contributions to Game Theory and Management, 2011, Volume 4, Pages 489–501 (Mi cgtm210)  

Subgame Consistent Solution for Random-Horizon Cooperative Dynamic Games

David W. K. Yeungab, Leon A. Petrosyanc

a Center of Game Theory, St. Petersburg State University
b SRS Consortium for Advanced Study in Cooperative Dynamic Games, Shue Yan University
c Faculty of Applied Mathematics-Control Processes, St. Petersburg State University
References:
Abstract: In cooperative dynamic games a stringent condition — that of subgame consistency — is required for a dynamically stable cooperative solution. In particular, a cooperative solution is subgame consistent if an extension of the solution policy to a subgame starting at a later time with a state brought about by prior optimal behavior would remain optimal. This paper extends subgame consistent solutions to dynamic (discrete-time) cooperative games with random horizon. In the analysis new forms of the Bellman equation and the Isaacs-Bellman equation in discrete-time are derived. Subgame consistent cooperative solutions are obtained for this class of dynamic games. Analytically tractable payoff distribution mechanisms which lead to the realization of these solutions are developed. This is the first time that subgame consistent solutions for cooperative dynamic games with random horizon are presented.
Keywords: Cooperative dynamic games, random horizon, subgame consistency.
Document Type: Article
MSC: Primary 91A12; Secondary 91A25
Language: English
Citation: David W. K. Yeung, Leon A. Petrosyan, “Subgame Consistent Solution for Random-Horizon Cooperative Dynamic Games”, Contributions to Game Theory and Management, 4 (2011), 489–501
Citation in format AMSBIB
\Bibitem{YeuPet11}
\by David~W.~K.~Yeung, Leon~A.~Petrosyan
\paper Subgame Consistent Solution for Random-Horizon Cooperative Dynamic Games
\jour Contributions to Game Theory and Management
\yr 2011
\vol 4
\pages 489--501
\mathnet{http://mi.mathnet.ru/cgtm210}
Linking options:
  • https://www.mathnet.ru/eng/cgtm210
  • https://www.mathnet.ru/eng/cgtm/v4/p489
  • Citing articles in Google Scholar: Russian citations, English citations
    Related articles in Google Scholar: Russian articles, English articles
     
      Contact us:
     Terms of Use  Registration to the website  Logotypes © Steklov Mathematical Institute RAS, 2024