In this paper the approach, proposed in [1], is applied to construct strongly time-consistent core in multistage games. Based on the introduction of new characteristic function, we define subset of core in multistage cooperative game, which posses the property of strong time-consistency. This subset can be considered as a new optimality principle in corresponding class of games.

Original languageEnglish
Title of host publication2017 Constructive Nonsmooth Analysis and Related Topics (Dedicated to the Memory of V.F. Demyanov), CNSA 2017 - Proceedings
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: 13348000