Результаты исследований: Научные публикации в периодических изданиях › статья
Subgame consistent cooperative solution for NTU dynamic games via variable weights. / Yeung, D.W.K.; Petrosyan, L.A.
в: Automatica, Том 59, 2015, стр. 84-89.Результаты исследований: Научные публикации в периодических изданиях › статья
}
TY - JOUR
T1 - Subgame consistent cooperative solution for NTU dynamic games via variable weights
AU - Yeung, D.W.K.
AU - Petrosyan, L.A.
PY - 2015
Y1 - 2015
N2 - In cooperative dynamic games a stringent condition–subgame consistency–is required for a dynamically stable solution. In particular, a cooperative solution is subgame consistent if the optimality principle agreed upon at the outset remains in effect in any subgame starting at a later stage with a state brought about by prior optimal behavior. Hence the players do not have incentives to deviate from the previously adopted optimal behavior. For the first time, subgame consistent solutions in cooperative dynamic games with non-transferable payoffs/utility (NTU) using a variable payoff weights scheme is analyzed. A solution mechanism for characterizing subgame consistent solutions is derived. The use of a variable payoff weights scheme allows the derivation of subgame consistent solutions under a wide range of optimality principles. The analysis widens the application of NTU cooperative dynamic games through the provision of a dynamically stable solution.
AB - In cooperative dynamic games a stringent condition–subgame consistency–is required for a dynamically stable solution. In particular, a cooperative solution is subgame consistent if the optimality principle agreed upon at the outset remains in effect in any subgame starting at a later stage with a state brought about by prior optimal behavior. Hence the players do not have incentives to deviate from the previously adopted optimal behavior. For the first time, subgame consistent solutions in cooperative dynamic games with non-transferable payoffs/utility (NTU) using a variable payoff weights scheme is analyzed. A solution mechanism for characterizing subgame consistent solutions is derived. The use of a variable payoff weights scheme allows the derivation of subgame consistent solutions under a wide range of optimality principles. The analysis widens the application of NTU cooperative dynamic games through the provision of a dynamically stable solution.
U2 - 10.1016/j.automatica.2015.01.030
DO - 10.1016/j.automatica.2015.01.030
M3 - Article
VL - 59
SP - 84
EP - 89
JO - Automatica
JF - Automatica
SN - 0005-1098
ER -
ID: 3939819