Research output: Contribution to journal › Article › peer-review
Approximated cooperative equilibria for games played over event trees. / Parilina, E.; Zaccour, G.
In: Operations Research Letters, Vol. 43, No. 5, 2015, p. 507-513.Research output: Contribution to journal › Article › peer-review
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TY - JOUR
T1 - Approximated cooperative equilibria for games played over event trees
AU - Parilina, E.
AU - Zaccour, G.
PY - 2015
Y1 - 2015
N2 - We consider the class of stochastic games played over event trees. We suppose that the players agree to cooperate and maximize their joint payoff. To sustain cooperation over the event tree, we use trigger strategies. As we are dealing with a finite horizon, it is known that deviation from cooperation in the last stage cannot be deterred, as there is no possibility for punishing the deviator(s). Consequently, we focus on epsilon equilibria. We prove the existence of an epsilon-perfect equilibrium
AB - We consider the class of stochastic games played over event trees. We suppose that the players agree to cooperate and maximize their joint payoff. To sustain cooperation over the event tree, we use trigger strategies. As we are dealing with a finite horizon, it is known that deviation from cooperation in the last stage cannot be deterred, as there is no possibility for punishing the deviator(s). Consequently, we focus on epsilon equilibria. We prove the existence of an epsilon-perfect equilibrium
U2 - 10.1016/j.orl.2015.07.006
DO - 10.1016/j.orl.2015.07.006
M3 - Article
VL - 43
SP - 507
EP - 513
JO - Operations Research Letters
JF - Operations Research Letters
SN - 0167-6377
IS - 5
ER -
ID: 3939545