We use the payment schedule based approach to ensure stable cooperation in multistage games with vector payoffs. On the example of the Shapley value in multicriteria game it is shown that the irrational behavior proof condition and the balance condition may be incompatible. We design a recurrent payment schedule that satisfies such advantageous properties as the efficiency condition, non-negativity and irrational behavior proofness.

Original languageEnglish
Title of host publication2017 Constructive Nonsmooth Analysis and Related Topics (Dedicated to the Memory of V.F. Demyanov), CNSA 2017 - Proceedings
EditorsL. N. Polyakova
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781509062607
DOIs
StatePublished - 10 Jul 2017
Event2017 Constructive Nonsmooth Analysis and Related Topics: dedicated to the Memory of V.F. Demyanov - Saint-Petersburg, Russian Federation
Duration: 22 May 201727 May 2017
http://www.mathnet.ru/php/conference.phtml?confid=968&option_lang=rus
http://www.pdmi.ras.ru/EIMI/2017/CNSA/

Conference

Conference2017 Constructive Nonsmooth Analysis and Related Topics
Abbreviated titleCNSA 2017
Country/TerritoryRussian Federation
CitySaint-Petersburg
Period22/05/1727/05/17
Internet address

    Scopus subject areas

  • Modelling and Simulation
  • Analysis
  • Applied Mathematics
  • Control and Optimization

ID: 38628581