Dynamic multicriteria games with asymmetric players

Anna N. Rettieva ()
Additional contact information
Anna N. Rettieva: Qingdao University

Journal of Global Optimization, 2022, vol. 83, issue 3, No 7, 537 pages

Abstract: 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.

Keywords: Dynamic games; Multicriteria games; Multi-objective optimization; Asymmetric players; Nash bargaining solution; Cooperative solution; 22E46; 53C35; 57S20 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://link.springer.com/10.1007/s10898-020-00929-5 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:jglopt:v:83:y:2022:i:3:d:10.1007_s10898-020-00929-5

Ordering information: This journal article can be ordered from
http://www.springer. ... search/journal/10898

DOI: 10.1007/s10898-020-00929-5

Access Statistics for this article

Journal of Global Optimization is currently edited by Sergiy Butenko

More articles in Journal of Global Optimization from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().