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Matematicheskaya Teoriya Igr i Ee Prilozheniya, 2009, Volume 1, Issue 1, Pages 106–123
(Mi mgta6)
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This article is cited in 29 scientific papers (total in 29 papers)
Principles of dynamic stability
Leon Petrosyana, Nickolay Zenkevichb a Faculty of Applied Mathematics and Control Processes, St. Petersburg State University, Saint Petersburg
b School of Management, St. Petersburg State University, Saint Petersburg
Abstract:
There are three important aspects which must be taken into account when the problem of stability of long-range cooperative agreements is investigated: time-consistency of the cooperative agreements, strategic stability and irrational behavior proofness. The mathematical results based on imputation distribution procedures (IDP) are developed to deal with the above mentioned aspects of cooperation. We proved that for a special class of differential games time-consistent cooperative agreement can be strategically supported by Nash equilibrium. We also consider an example where all three conditions are satisfied.
Keywords:
differential game, cooperative solution, time-consistency of the cooperative agreements, payoff distribution procedures (PDP), imputation distribution procedures (IDP), strategic stability, irrational behavior proofness.
Citation:
Leon Petrosyan, Nickolay Zenkevich, “Principles of dynamic stability”, Mat. Teor. Igr Pril., 1:1 (2009), 106–123; Autom. Remote Control, 76:10 (2015), 1894–1904
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https://www.mathnet.ru/eng/mgta6 https://www.mathnet.ru/eng/mgta/v1/i1/p106
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Abstract page: | 1118 | Full-text PDF : | 278 | References: | 77 | First page: | 1 |
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