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Technical Note: Nontransferable Individual Payoffs In Cooperative Stochastic Differential Games

Author

Listed:
  • DAVID W. K. YEUNG

    (Department of Decision Sciences, Hong kong Baptist University, Kowloon Tong, Hong Kong, China;
    Center for Game Theory, St Petersburg State University, Petrodivrets, 198904, St Petersburg, Russia)

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.

Suggested Citation

  • David W. K. Yeung, 2004. "Technical Note: Nontransferable Individual Payoffs In Cooperative Stochastic Differential Games," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 6(02), pages 281-289.
    • Handle: RePEc:wsi:igtrxx:v:06:y:2004:i:02:n:s0219198904000204
    DOI: 10.1142/S0219198904000204
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    More about this item

    Keywords

    Stochastic differential games; nontransferrable payoff; individual rationality;
    All these keywords.

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • C0 - Mathematical and Quantitative Methods - - General
    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

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