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2021-12-01

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Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/185135

Dynamic bargaining and time-consistency in linear-state and Homogeneous linear-quadratic cooperative differential games

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https://doi.org/10.1142/S0219198922500037

Abstract

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.

Subject

Jocs diferencials, Equilibri (Economia), Simetria (Matemàtica), Dinàmica

Subject (English)

Differential games, Equilibrium (Economics), Symmetry (Mathematics), Dynamics

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Articles publicats en revistes (Matemàtica Econòmica, Financera i Actuarial)

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MARÍN SOLANO, Jesús. Dynamic bargaining and time-consistency in linear-state and Homogeneous linear-quadratic cooperative differential games. International Game Theory Review. 2021. Vol. 23(4), num. 2250003. ISSN 0219-1989. [consulted: 14 of June of 2026]. Available at: https://hdl.handle.net/2445/185135

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