Dynamic bargaining and time-consistency in linear-state and Homogeneous linear-quadratic cooperative differential games
Autor: | Jesús Marín-Solano |
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Jazyk: | angličtina |
Rok vydání: | 2021 |
Předmět: |
Equilibri (Economia)
General Computer Science Jocs diferencials Differential games Linear quadratic State (functional analysis) Dynamics Homogeneous Time consistency Equilibrium (Economics) Simetria (Matemàtica) Dinàmica Symmetry (Mathematics) Applied mathematics Statistics Probability and Uncertainty Business and International Management Differential (mathematics) Mathematics |
Zdroj: | Dipòsit Digital de la UB Universidad de Barcelona |
Popis: | Three different solution concepts are reviewed and computed for linear-state and homogeneous linear-quadratic cooperative differential games with asymmetric players. Discount rates can be nonconstant and/or different. Special attention is paid to the issues of time-consistency, agreeability and subgame-perfectness, both from the viewpoint of sustainability of cooperation and from the credibility of the announced equilibrium strategies. |
Databáze: | OpenAIRE |
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