The paper considers stochastic games in the class of stationary strategies. The cooperative form of this class of stochastic games is constructed. The cooperative solution is found. Conditions of dynamic stability for stochastic games are obtained. Principles of dynamic stability include three conditions: subgame consistency, strategic stability and irrational behavior proof condition of the cooperative agreement. Also the paper considers the example for which the cooperative agreement is found and the conditions of dynamic stability are checked.
Original languageEnglish
Title of host publicationContributions to game theory and management
Subtitle of host publicationThe Fifth International Conference Game Theory and Management
Place of PublicationSPb
PublisherИздательство Санкт-Петербургского университета
Pages243-256
VolumeV
StatePublished - 2012
EventТеория игр и менеджмент: Пятая международная конференция - Санкт-Петербург, Russian Federation
Duration: 27 Jun 2011 → 29 Jun 2011

Conference

ConferenceТеория игр и менеджмент
Country/TerritoryRussian Federation
CityСанкт-Петербург
Period27/06/11 → 29/06/11

    Research areas

  • cooperative stochastic game, stationary strategies, time consistency, subgame consistency, payoff distribution procedure, strategic stability, irrational behavior proof condition

ID: 4576311