Strong Time-Consistent Core for a Class of Linear-State Games

Standard

Strong Time-Consistent Core for a Class of Linear-State Games. / Sedakov, Artem; Qiao, Han.

In: Journal of Systems Science and Complexity, Vol. 33, No. 4, 01.08.2020, p. 1080-1107.

Research output: Contribution to journal › Article › peer-review

Author

Sedakov, Artem ; Qiao, Han. / Strong Time-Consistent Core for a Class of Linear-State Games. In: Journal of Systems Science and Complexity. 2020 ; Vol. 33, No. 4. pp. 1080-1107.

BibTeX

@article{a6c03f16cb0e47128b48d1cd67972a5f,

title = "Strong Time-Consistent Core for a Class of Linear-State Games",

abstract = "Time consistency is an important property of any solution to a cooperative dynamic game. If the solution satisfies this property, players do not need to revise it and break a cooperative agreement. Strong time consistency is a stricter property which is applicable to cooperative set solutions. In this paper, the authors examine a class of linear-state games which come into use in many applications of dynamic games. Considering the core as the solution of the game, the authors provide sufficient conditions for its strong time consistency. In case of its inconsistency, the authors show how core elements can be realized using a strong time-consistent imputation distribution procedure.",

keywords = "Cooperation, core, linear-state game, strong time consistency, COST ALLOCATION",

author = "Artem Sedakov and Han Qiao",

year = "2020",

month = aug,

day = "1",

doi = "10.1007/s11424-020-8249-2",

language = "English",

volume = "33",

pages = "1080--1107",

journal = "Journal of Systems Science and Complexity",

issn = "1009-6124",

publisher = "Springer Nature",

number = "4",

}

RIS

TY - JOUR

T1 - Strong Time-Consistent Core for a Class of Linear-State Games

AU - Sedakov, Artem

AU - Qiao, Han

PY - 2020/8/1

Y1 - 2020/8/1

N2 - Time consistency is an important property of any solution to a cooperative dynamic game. If the solution satisfies this property, players do not need to revise it and break a cooperative agreement. Strong time consistency is a stricter property which is applicable to cooperative set solutions. In this paper, the authors examine a class of linear-state games which come into use in many applications of dynamic games. Considering the core as the solution of the game, the authors provide sufficient conditions for its strong time consistency. In case of its inconsistency, the authors show how core elements can be realized using a strong time-consistent imputation distribution procedure.

AB - Time consistency is an important property of any solution to a cooperative dynamic game. If the solution satisfies this property, players do not need to revise it and break a cooperative agreement. Strong time consistency is a stricter property which is applicable to cooperative set solutions. In this paper, the authors examine a class of linear-state games which come into use in many applications of dynamic games. Considering the core as the solution of the game, the authors provide sufficient conditions for its strong time consistency. In case of its inconsistency, the authors show how core elements can be realized using a strong time-consistent imputation distribution procedure.

KW - Cooperation

KW - core

KW - linear-state game

KW - strong time consistency

KW - COST ALLOCATION

UR - http://www.scopus.com/inward/record.url?scp=85083839928&partnerID=8YFLogxK

UR - https://www.mendeley.com/catalogue/79c91dab-9544-349c-a947-ed3c71359905/

U2 - 10.1007/s11424-020-8249-2

DO - 10.1007/s11424-020-8249-2

M3 - Article

AN - SCOPUS:85083839928

VL - 33

SP - 1080

EP - 1107

JO - Journal of Systems Science and Complexity

JF - Journal of Systems Science and Complexity

SN - 1009-6124

IS - 4

ER -

ID: 60291344