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This article is cited in 2 scientific papers (total in 2 papers)
On availability of Pareto effective equilibrium situations in collective behavior models with data exchange
N. S. Vasilyev N.,E.~Bauman Moscow State Technical University, 5 Baumanskaya 2nd Str., Moscow 105005, Russian Federation
Abstract:
Use of network technologies impels investigations of collective behavior models. Processes of decision making based on data exchange are of utmost interest. For this purpose, strategy axiomatization is proposed. Information exchange diminishes uncertainty in the processes and models collective efforts to achieve rational decisions. Rational behavior uses the principles of effectiveness and stability usually contradicting one another. Rational game solutions' structure is studied. It is discovered that data exchange allows achieving Pareto effective situation which is also the equilibrium one. A notion of coalitional stable game issue is introduced. The situation prevents from forming coalitions and can simultaneously satisfy the property of Pareto effectiveness. It can also give Nash equilibrium if adequate players' strategies are used. An expansion of initial game by means of additional controlling player shows how the effective coalitional stable issue can be achieved.
Keywords:
game; strategy; situation; game issue; information exchange; dynamics of decision making; axiomatization; coalition; cooperative game; characteristic function; the best guaranteed result; strategy of punishment; Pareto effectiveness; Nash equilibrium.
Received: 10.12.2014
Citation:
N. S. Vasilyev, “On availability of Pareto effective equilibrium situations in collective behavior models with data exchange”, Inform. Primen., 9:2 (2015), 2–13
Linking options:
https://www.mathnet.ru/eng/ia363 https://www.mathnet.ru/eng/ia/v9/i2/p2
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Abstract page: | 359 | Full-text PDF : | 104 | References: | 65 |
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