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This article is cited in 1 scientific paper (total in 1 paper)
Solution of the meeting time choice problem for $n$ persons
Vladimir V. Yashin Institute of Applied Mathematical Research, Karelian Research Center of the Russian Academy of Sciences, 11, Pushkinskaya ul., Petrozavodsk, 185910, Russia
Abstract:
We consider a game-theoretic model of negotiations of n persons about a meeting time. The problem is to determine the time of the meeting, with the consensus of all players required to make a final decision. The solution is found by backward induction in the class of stationary strategies. Players' wins are represented by piecewise linear functions having one peak. An subgame perfect equilibrium for the problem in the case of $\delta \leqslant \frac{1}{2}$ is found in analytical form.
Keywords:
optimal timing, linear utility functions, sequential bargaining, Rubinstein bargaining model, subgame perfect equilibrium, stationary strategies, backward induction.
Citation:
Vladimir V. Yashin, “Solution of the meeting time choice problem for $n$ persons”, Contributions to Game Theory and Management, 15 (2022), 303–310
Linking options:
https://www.mathnet.ru/eng/cgtm431 https://www.mathnet.ru/eng/cgtm/v15/p303
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