Dynamic bargaining and time-consistency in linear-state and Homogeneous linear-quadratic cooperative differential games
Three different solution concepts are reviewed and computed for linear-state and homogeneous linear-quadratic cooperative differential games with asymmetric players. Discount rates can be nonconstant and/or different. Special attention is paid to the issues of time-consistency, agreeability and subg...
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| Tipo de recurso: | artículo |
| Estado: | Versión aceptada para publicación |
| Fecha de publicación: | 2021 |
| País: | España |
| Institución: | Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya) |
| Repositorio: | Recercat. Dipósit de la Recerca de Catalunya |
| OAI Identifier: | oai:recercat.cat:2445/185135 |
| Acceso en línea: | https://hdl.handle.net/2445/185135 |
| Access Level: | acceso abierto |
| Palabra clave: | Jocs diferencials Equilibri (Economia) Simetria (Matemàtica) Dinàmica Differential games Equilibrium (Economics) Symmetry (Mathematics) Dynamics |
| Sumario: | Three different solution concepts are reviewed and computed for linear-state and homogeneous linear-quadratic cooperative differential games with asymmetric players. Discount rates can be nonconstant and/or different. Special attention is paid to the issues of time-consistency, agreeability and subgame-perfectness, both from the viewpoint of sustainability of cooperation and from the credibility of the announced equilibrium strategies. |
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