The transformation of characteristic functions is an effective way to avoid time-inconsistency of cooperative solutions in dynamic games. There are several forms on the transformation of characteristic functions. In this paper, a class of general transformation of characteristic functions is proposed. It can lead to the time-consistency of cooperative solutions and guarantee that the irrational-behavior-proof conditions hold true. To illustrate the theory, an example of dynamic game on a tree is given.

Original languageEnglish
Pages (from-to) 1997 - 2012
Number of pages16
JournalJournal of Systems Science and Complexity
Volume33
Issue number6
Early online date4 Aug 2020
DOIs
StatePublished - Dec 2020

    Research areas

  • Dynamic cooperative game, general transformation of characteristic function, irrational-behavior-proof condition, time-consistency, SHAPLEY VALUE, COOPERATION

    Scopus subject areas

  • Computer Science (miscellaneous)
  • Information Systems

ID: 62445233