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Contributions to Game Theory and Management, 2020, Volume 13, Pages 296–303
(Mi cgtm370)
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This article is cited in 1 scientific paper (total in 1 paper)
The dynamic Nash bargaining solution for 2-stage cost sharing game
Li Yin St. Petersburg State University,
Faculty of Applied Mathematics and Control Processes,
Universitetskii prospekt 35, St.Petersburg, 198504, Russia
Abstract:
The problem of constructing the Dynamic Nash Bargaining Solution in a 2-stage game is studied. In each stage, a minimum cost spanning tree game is played, all players select strategy profiles to construct graphs in the stage game. At the second stage, players may change the graph using strategy profiles with transition probabilities, which decided by players in the first stage. The players' cooperative behavior is considered. As solution the Dynamic Nash Bargaining Solution is proposed. A theorem is proved to allow the Dynamic Nash Bargaining Solution to be time-consistent.
Keywords:
Dynamic Nash Bargaining, dynamic game, minimum cost spanning tree.
Citation:
Li Yin, “The dynamic Nash bargaining solution for 2-stage cost sharing game”, Contributions to Game Theory and Management, 13 (2020), 296–303
Linking options:
https://www.mathnet.ru/eng/cgtm370 https://www.mathnet.ru/eng/cgtm/v13/p296
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Statistics & downloads: |
Abstract page: | 173 | Full-text PDF : | 53 | References: | 28 |
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