Feedback Pareto weights in cooperative NTU differential games

Simon Hoof ()
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Simon Hoof: Paderborn University

No 112, Working Papers CIE from Paderborn University, CIE Center for International Economics

Abstract: This note deals with agreeability in nontransferable utility (NTU) differential games. We introduce state feedback Pareto weights to enrich the set of efficient cooperative solutions. The framework is particularly useful if constant weights fail to support agreeability, but cooperation is desired nonetheless. The concept is applied to an adverting differential game.

Keywords: NTU differential games; variable Pareto weights; agreeability (search for similar items in EconPapers)
JEL-codes: C02 C61 C71 (search for similar items in EconPapers)
Date: 2018-02
New Economics Papers: this item is included in nep-gth and nep-upt
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Persistent link: https://EconPapers.repec.org/RePEc:pdn:ciepap:112

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