Abstract
We study the stability of coalitions in multicriteria dynamic games. We use the bargaining construction (Nash product) to obtain a noncooperative equilibrium and the Nash bargaining scheme for the entire duration of the game to find a cooperative solution. Conditions for the internal and external stability are extended to dynamic games with vector payoff functions. The notion of coalitional stability, which takes into account the stimuli for the players to transfer to other coalitions, is introduced. To illustrate the presented approach, we consider a multicriteria dynamic model of bioresource management. Conditions for the internal, external, and coalitional stability are presented.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: Proceedings of the Steklov Institute of Mathematics
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.