TECHNICAL NOTE: NONTRANSFERABLE INDIVIDUAL PAYOFFS IN COOPERATIVE STOCHASTIC DIFFERENTIAL GAMES

David W. K. Yeung
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David W. K. Yeung: Department of Decision Sciences, Hong kong Baptist University, Kowloon Tong, Hong Kong, China;

International Game Theory Review (IGTR), 2004, vol. 06, issue 02, 281-289

Abstract: This note develops a mechanism for the derivation of individual player's payoff functions in cooperative stochastic differential games with nontransferable payoffs. An illustrative example is provided.

Keywords: Stochastic differential games; nontransferrable payoff; individual rationality (search for similar items in EconPapers)
JEL-codes: B4 C0 C6 C7 D5 D7 M2 (search for similar items in EconPapers)
Date: 2004
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DOI: 10.1142/S0219198904000204

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