In the chapter, we introduce and examine a finite-horizon bicriteria oligopoly game with pollution control, which takes into account both the economic objective of each player and the players’ concern of cleaner environment at each stage of the game. Noncooperative (viz., subgame-perfect Pareto equilibrium) and cooperative solutions are derived in explicit form for two-person game with symmetric players using the dynamic programming method. Some properties of these solutions are established. We provide a numerical example to demonstrate the theoretical results and to compare single-criterion and bicriteria model as well as noncooperative and cooperative solutions. It turns out that a cooperative regime is better for the environment (i.e., implies lower level of the pollution stock) than a competitive behavior both in the bicriteria model and its single-criterion counterpart. © The Author(s), under exclusive license to Springer Nature Switzerland AG 2024.
Язык оригиналаАнглийский
Название основной публикацииFrontiers of Dynamic Games (GTA 2022)
ИздательSpringer Nature
Страницы93-107
Число страниц15
DOI
СостояниеОпубликовано - 2024
СобытиеThe International Conference “Game Theory and Applications” - Санкт-Петербург, Российская Федерация
Продолжительность: 28 июн 20221 июл 2022
https://gta2022.spbu.ru/en/

Серия публикаций

НазваниеTrends in Mathematics
ТомPart F3521
ISSN (печатное издание)2297-0215

конференция

конференцияThe International Conference “Game Theory and Applications”
Сокращенное названиеGTA 2022
Страна/TерриторияРоссийская Федерация
ГородСанкт-Петербург
Период28/06/221/07/22
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