Research output: Contribution to journal › Article › peer-review
We consider two neighbouring regions whose pollution emissions damage their common environment. Mathematically the problem is formulated as a multi-stage supergame. At each stage, the players decide to cooperate or not during the time interval separating two successive stages. On this time interval, a non zero-sum game is defined. Under a cooperative regime, the players agree to apply the Nash bargaining solution. If a non cooperative regime prevails, the players get the Nash equilibrium outcomes. The structure of the optimal behaviour in the supergame is fully characterised, and time consistency of the solution investigated.
Original language | English |
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Pages (from-to) | 833-837 |
Number of pages | 4 |
Journal | Computers and Industrial Engineering |
Volume | 31 |
Issue number | 3-4 |
State | Published - 1 Dec 1996 |
ID: 5107505