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Feedback Pareto weights in cooperative NTU differential games

Author

Listed:
  • Simon Hoof

    (Paderborn University)

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.

Suggested Citation

  • Simon Hoof, 2018. "Feedback Pareto weights in cooperative NTU differential games," Working Papers CIE 112, Paderborn University, CIE Center for International Economics.
    • Handle: RePEc:pdn:ciepap:112
    as

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    File URL: http://groups.uni-paderborn.de/wp-wiwi/RePEc/pdf/ciepap/WP112.pdf
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    References listed on IDEAS

    as
    1. Josef Haunschmied & Vladimir M. Veliov & Stefan Wrzaczek (ed.), 2014. "Dynamic Games in Economics," Dynamic Modeling and Econometrics in Economics and Finance, Springer, edition 127, number 978-3-642-54248-0, March.
    2. S. Jørgensen & G. Martín-Herrán & G. Zaccour, 2003. "Agreeability and Time Consistency in Linear-State Differential Games," Journal of Optimization Theory and Applications, Springer, vol. 119(1), pages 49-63, October.
    3. David W.K. Yeung & Leon A. Petrosyan, 2016. "Subgame Consistent Cooperation," Theory and Decision Library C, Springer, number 978-981-10-1545-8, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    NTU differential games; variable Pareto weights; agreeability;
    All these keywords.

    JEL classification:

    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games

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