Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review
A Cooperative Game of Technology Spillover Under Durable Strategies. / Yeung, D.W.K.; Petrosyan, L.A.; Zhang, Y.
Frontiers of Dynamic Games (GTA 2022). Vol. Part F3521 Springer Nature, 2024. p. 183-209 (Trends in Mathematics; Vol. Part F3521).Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review
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TY - GEN
T1 - A Cooperative Game of Technology Spillover Under Durable Strategies
AU - Yeung, D.W.K.
AU - Petrosyan, L.A.
AU - Zhang, Y.
N1 - Export Date: 10 November 2024
PY - 2024
Y1 - 2024
N2 - Durable strategies are prevalent in capital investments. We present a cooperative durable-strategies dynamic game in which there are two types of capitals—a public capital and a number of private capitals with technology spillover. An efficient cooperative scheme is developed to capture the gains from cooperation in the investments of these capitals, which are known for their positive externalities. A dynamically consistent solution and a corresponding payment mechanism are derived. This is the first time that cooperative solution of durable-strategies games involving capital investments is developed. © The Author(s), under exclusive license to Springer Nature Switzerland AG 2024.
AB - Durable strategies are prevalent in capital investments. We present a cooperative durable-strategies dynamic game in which there are two types of capitals—a public capital and a number of private capitals with technology spillover. An efficient cooperative scheme is developed to capture the gains from cooperation in the investments of these capitals, which are known for their positive externalities. A dynamically consistent solution and a corresponding payment mechanism are derived. This is the first time that cooperative solution of durable-strategies games involving capital investments is developed. © The Author(s), under exclusive license to Springer Nature Switzerland AG 2024.
UR - https://www.mendeley.com/catalogue/59be2534-67df-3ebf-9c5e-3146aa0a05c8/
U2 - 10.1007/978-3-031-66379-6_13
DO - 10.1007/978-3-031-66379-6_13
M3 - статья в сборнике материалов конференции
VL - Part F3521
T3 - Trends in Mathematics
SP - 183
EP - 209
BT - Frontiers of Dynamic Games (GTA 2022)
PB - Springer Nature
Y2 - 28 June 2022 through 1 July 2022
ER -
ID: 127213731