Abstract

Abstract The new approaches to construct equilibria in dynamic multicriteria games with finite planning horizon are presented. We consider a dynamic, discrete-time game model where the players use a common resource and have different criteria to optimize. The multicriteria Nash equilibrium is obtained via the Nash bargaining design (Nash products), and the cooperative equilibrium is determined by the Nash bargaining procedure for the entire planning horizon. Furthermore, the suggested approach is applied to determine cooperative strategies and payoffs for any coalition to be formed. Dynamic multicriteria bioresource management problem with finite harvesting times is considered. The players’ strategies and the size of the resource are compared under cooperative and noncooperative behavior.

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