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A Cooperation Scheme in Multistage Game of Renewable Resource Extraction with Asymmetric Players. / Kuzyutin, Denis; Skorodumova, Yulia; Smirnova, Nadezhda.

Mathematical Optimization Theory and Operations Research : 21st International Conference, MOTOR 2022, Proceedings. ed. / Panos Pardalos; Michael Khachay; Vladimir Mazalov. Springer Nature, 2022. p. 235-249 (Lecture Notes in Computer Science; Vol. 13367 ).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Research › peer-review

Harvard

Kuzyutin, D, Skorodumova, Y & Smirnova, N 2022, A Cooperation Scheme in Multistage Game of Renewable Resource Extraction with Asymmetric Players. in P Pardalos, M Khachay & V Mazalov (eds), Mathematical Optimization Theory and Operations Research : 21st International Conference, MOTOR 2022, Proceedings. Lecture Notes in Computer Science, vol. 13367 , Springer Nature, pp. 235-249, 21st International Conference on Mathematical Optimization Theory and Operations Research , MOTOR 2022, Petrozavodsk, Russian Federation, 2/07/22. https://doi.org/10.1007/978-3-031-09607-5_17

APA

Kuzyutin, D., Skorodumova, Y., & Smirnova, N. (2022). A Cooperation Scheme in Multistage Game of Renewable Resource Extraction with Asymmetric Players. In P. Pardalos, M. Khachay, & V. Mazalov (Eds.), Mathematical Optimization Theory and Operations Research : 21st International Conference, MOTOR 2022, Proceedings (pp. 235-249). (Lecture Notes in Computer Science; Vol. 13367 ). Springer Nature. https://doi.org/10.1007/978-3-031-09607-5_17

Vancouver

Kuzyutin D, Skorodumova Y, Smirnova N. A Cooperation Scheme in Multistage Game of Renewable Resource Extraction with Asymmetric Players. In Pardalos P, Khachay M, Mazalov V, editors, Mathematical Optimization Theory and Operations Research : 21st International Conference, MOTOR 2022, Proceedings. Springer Nature. 2022. p. 235-249. (Lecture Notes in Computer Science). https://doi.org/10.1007/978-3-031-09607-5_17

Author

Kuzyutin, Denis ; Skorodumova, Yulia ; Smirnova, Nadezhda. / A Cooperation Scheme in Multistage Game of Renewable Resource Extraction with Asymmetric Players. Mathematical Optimization Theory and Operations Research : 21st International Conference, MOTOR 2022, Proceedings. editor / Panos Pardalos ; Michael Khachay ; Vladimir Mazalov. Springer Nature, 2022. pp. 235-249 (Lecture Notes in Computer Science).

BibTeX

@inproceedings{560f8d8dbcb64d53b42cee459c331322,
title = "A Cooperation Scheme in Multistage Game of Renewable Resource Extraction with Asymmetric Players",
abstract = "We derive a non-cooperative and cooperative strategies and state trajectories for a finite-horizon multistage game of renewable resource extraction with asymmetric players. Assuming transferable utility we extend the subgame perfect core concept introduced for extensive-form games to the class of n-person multistage games and specify an algorithm for choosing a unique payoff distribution procedure from the core in a two-player game. This quasi proportional payment schedule satisfies several good properties and could be applied to implement a cooperative solution based on the maximization of the relative benefit from cooperation (or the value of cooperation). We provide a numerical example to demonstrate the properties of the obtained solutions and the algorithm implementation.",
keywords = "Cooperative solution, Fishery-management model, Multistage game, Payoff distribution procedure, Renewable resource extraction, Subgame-perfect equilibrium",
author = "Denis Kuzyutin and Yulia Skorodumova and Nadezhda Smirnova",
note = "Kuzyutin, D., Skorodumova, Y., Smirnova, N. (2022). A Cooperation Scheme in Multistage Game of Renewable Resource Extraction with Asymmetric Players. In: Pardalos, P., Khachay, M., Mazalov, V. (eds) Mathematical Optimization Theory and Operations Research. MOTOR 2022. Lecture Notes in Computer Science, vol 13367. Springer, Cham. https://doi.org/10.1007/978-3-031-09607-5_17; 21st International Conference on Mathematical Optimization Theory and Operations Research , MOTOR 2022 ; Conference date: 02-07-2022 Through 06-07-2022",
year = "2022",
doi = "10.1007/978-3-031-09607-5_17",
language = "English",
isbn = "9783031096068",
series = "Lecture Notes in Computer Science",
publisher = "Springer Nature",
pages = "235--249",
editor = "Panos Pardalos and Michael Khachay and Vladimir Mazalov",
booktitle = "Mathematical Optimization Theory and Operations Research",
address = "Germany",
url = "http://motor2022.krc.karelia.ru/en/section/1",

}

RIS

TY - GEN

T1 - A Cooperation Scheme in Multistage Game of Renewable Resource Extraction with Asymmetric Players

AU - Kuzyutin, Denis

AU - Skorodumova, Yulia

AU - Smirnova, Nadezhda

N1 - Kuzyutin, D., Skorodumova, Y., Smirnova, N. (2022). A Cooperation Scheme in Multistage Game of Renewable Resource Extraction with Asymmetric Players. In: Pardalos, P., Khachay, M., Mazalov, V. (eds) Mathematical Optimization Theory and Operations Research. MOTOR 2022. Lecture Notes in Computer Science, vol 13367. Springer, Cham. https://doi.org/10.1007/978-3-031-09607-5_17

PY - 2022

Y1 - 2022

N2 - We derive a non-cooperative and cooperative strategies and state trajectories for a finite-horizon multistage game of renewable resource extraction with asymmetric players. Assuming transferable utility we extend the subgame perfect core concept introduced for extensive-form games to the class of n-person multistage games and specify an algorithm for choosing a unique payoff distribution procedure from the core in a two-player game. This quasi proportional payment schedule satisfies several good properties and could be applied to implement a cooperative solution based on the maximization of the relative benefit from cooperation (or the value of cooperation). We provide a numerical example to demonstrate the properties of the obtained solutions and the algorithm implementation.

AB - We derive a non-cooperative and cooperative strategies and state trajectories for a finite-horizon multistage game of renewable resource extraction with asymmetric players. Assuming transferable utility we extend the subgame perfect core concept introduced for extensive-form games to the class of n-person multistage games and specify an algorithm for choosing a unique payoff distribution procedure from the core in a two-player game. This quasi proportional payment schedule satisfies several good properties and could be applied to implement a cooperative solution based on the maximization of the relative benefit from cooperation (or the value of cooperation). We provide a numerical example to demonstrate the properties of the obtained solutions and the algorithm implementation.

KW - Cooperative solution

KW - Fishery-management model

KW - Multistage game

KW - Payoff distribution procedure

KW - Renewable resource extraction

KW - Subgame-perfect equilibrium

UR - http://www.scopus.com/inward/record.url?scp=85134154159&partnerID=8YFLogxK

UR - https://www.mendeley.com/catalogue/48a3dcd9-f47f-3e24-8e59-01948dae06e6/

U2 - 10.1007/978-3-031-09607-5_17

DO - 10.1007/978-3-031-09607-5_17

M3 - Conference contribution

AN - SCOPUS:85134154159

SN - 9783031096068

T3 - Lecture Notes in Computer Science

SP - 235

EP - 249

BT - Mathematical Optimization Theory and Operations Research

A2 - Pardalos, Panos

A2 - Khachay, Michael

A2 - Mazalov, Vladimir

PB - Springer Nature

T2 - 21st International Conference on Mathematical Optimization Theory and Operations Research , MOTOR 2022

Y2 - 2 July 2022 through 6 July 2022

ER -

ID: 99997815