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Matematicheskaya Teoriya Igr i Ee Prilozheniya, 2021, Volume 13, Issue 4, Pages 3–17
(Mi mgta288)
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This article is cited in 1 scientific paper (total in 1 paper)
Hierarchical games with additive payoff functions combining public and private interests
Victor A. Gorelika, Tatiana V. Zolotovab a FRC CSC RAS
b Financial University under the Government of the Russian Federation
Abstract:
The paper proposes a game-theoretic model with linear-quadratic payoff functions, which are additive convolutions of two criteria describing public and personal interests. This game has good properties, in particular, the independence of the leader's strategy in the Stackelberg equilibrium from the parameters of the follower's function. This property means that the leader does not need information about the follower's objective function, which in reality is difficult to obtain, and his strategy has the property of robustness.
Keywords:
hierarchical game, Stackelberg equilibrium, Nash equilibrium, public goods, linear-quadratic payoff function.
Received: 03.07.2021 Revised: 12.08.2021 Accepted: 10.12.2021
Citation:
Victor A. Gorelik, Tatiana V. Zolotova, “Hierarchical games with additive payoff functions combining public and private interests”, Mat. Teor. Igr Pril., 13:4 (2021), 3–17
Linking options:
https://www.mathnet.ru/eng/mgta288 https://www.mathnet.ru/eng/mgta/v13/i4/p3
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