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Contributions to Game Theory and Management, 2018, Volume 11, Pages 66–72
(Mi cgtm323)
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This article is cited in 1 scientific paper (total in 1 paper)
Dynamic Nash Bargaining Solution for two-stage network games
Jie Junnan St. Petersburg State University,
7/9 Universitetskaya nab., St. Petersburg, 199034, Russia
Abstract:
In this paper, two-stage network games are studied. At first stage of the game players form a network, while at second stage they choose strategies according to the network realized at the first stage. However, there are two kinds of two-stage networks. The first is a special class of two-stage network games when players have the opportunity to revised their network which they formed before. And the second is classical two-stage network.
Cooperative setting is considered. In the cooperative case, we use Nash Bargaining Solution as a solution concept. It is demonstrated that the Nash Bargaining Solution satisfies the time consistency property for the special class of two-stage network game. But its not true for a classical two-stage network game.
Keywords:
network, time-consistency, Nash Bargaining solution.
Citation:
Jie Junnan, “Dynamic Nash Bargaining Solution for two-stage network games”, Contributions to Game Theory and Management, 11 (2018), 66–72
Linking options:
https://www.mathnet.ru/eng/cgtm323 https://www.mathnet.ru/eng/cgtm/v11/p66
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