Dynamic Bargaining and Time-Consistency in Linear-State and Homogeneous Linear-Quadratic Cooperative Differential Games

Marin-Solano Jesus

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Dynamic Bargaining and Time-Consistency in Linear-State and Homogeneous Linear-Quadratic Cooperative Differential Games

机译：Dynamic Bargaining and Time-Consistency in Linear-State and Homogeneous Linear-Quadratic Cooperative Differential Games

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摘要

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.

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来源
《International game theory review》 |2021年第4期|2250003.1-2250003.24|共24页
作者
Marin-Solano Jesus;
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作者单位

Univ Barcelona, Dept Mutemat Econom Financera & Actuarial, Avinguda Diagonal 690, Barcelona 08034, Spain|Univ Barcelona, BEAT, Barcelona 08034, Spain;

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原文格式 PDF
正文语种英语
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关键词
Cooperative differential games; asymmetric players; time-consistency; dynamic bargaining; linear-state games; linear-quadratic games;

Dynamic Bargaining and Time-Consistency in Linear-State and Homogeneous Linear-Quadratic Cooperative Differential Games

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