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Matematicheskaya Teoriya Igr i Ee Prilozheniya, 2013, Volume 5, Issue 3, Pages 72–87
(Mi mgta115)
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This article is cited in 20 scientific papers (total in 20 papers)
Discrete-time bioresorce management problem with asymmetric players
Anna N. Rettieva Institute of Applied Mathematical Research, Karelian Research Center of Russian Academy of Sciences
Abstract:
Discrete-time game-theoretic model related to a bioresource management problem (fish catching) is investigated. The players (countries or fishing firms) which harvest the fish stock are the participants of the game. Players differ in their time preferences and use different discount factors.
The main goal here is to construct the value function for the cooperative solution and to distribute the joint payoff among the players. We propose to use recursive Nash bargaining solution in order to determine cooperative behavior. We present two different approaches of bargaining procedure: as a solution for the hole game or as a solution on each time step.
Keywords:
bioresource management problem, asymmetric players, Nash bargaining solution.
Citation:
Anna N. Rettieva, “Discrete-time bioresorce management problem with asymmetric players”, Mat. Teor. Igr Pril., 5:3 (2013), 72–87; Autom. Remote Control, 75:9 (2014), 1665–1676
Linking options:
https://www.mathnet.ru/eng/mgta115 https://www.mathnet.ru/eng/mgta/v5/i3/p72
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Abstract page: | 294 | Full-text PDF : | 133 | References: | 54 | First page: | 1 |
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