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Dynamic multicriteria games with asymmetric players.

Authors :
Rettieva, Anna N.
Source :
Journal of Global Optimization; Jul2022, Vol. 83 Issue 3, p521-537, 17p
Publication Year :
2022

Abstract

In this paper a new approach to construct cooperative behavior in dynamic multicriteria games with asymmetric players is presented. To obtain noncooperative and cooperative equilibria the ideas of multi-objective optimization and game theory are combined. To construct a multicriteria Nash equilibrium the bargaining solution is adopted. To design a multicriteria cooperative equilibrium a compromise scheme that guarantees the fulfillment of rationality conditions is applied. The concept of dynamic stability is adopted for dynamic multicriteria games, and the time-consistent payoff distribution procedure is presented. A dynamic bi-criteria bioresource management problem with different discount factors is considered. The strategies and payoffs of players are obtained under cooperative and noncooperative behavior. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
09255001
Volume :
83
Issue :
3
Database :
Complementary Index
Journal :
Journal of Global Optimization
Publication Type :
Academic Journal
Accession number :
157571772
Full Text :
https://doi.org/10.1007/s10898-020-00929-5