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A New Approach To Guaranteed Solutions Of Multicriteria Choice Problems: Pareto Consideration Of Savage–Niehans Risk And Outcomes

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  • Zhukovskaya, Lidia
  • Zhukovskiy, Vladislav
  • Mukhina, Julia

Abstract

This article considers three new approaches to important problems of mathematical game theory and multicriteria choice.The first approach ensures payoff increase with simultaneous risk reduction in the Savage–Niehans sense in multicriteria choice problem and noncooperative games. The second approach allow us to stabilize coalitional structures in cooperative games without side payments under uncertainty. The third approach serves to integrate the selfish Nash equilibrium with the altruistic Berge equilibrium. Note that the investigations involve a special Germeier convolution of criteria and calculation of its saddle point in mixed strategies.

Suggested Citation

  • Zhukovskaya, Lidia & Zhukovskiy, Vladislav & Mukhina, Julia, 2023. "A New Approach To Guaranteed Solutions Of Multicriteria Choice Problems: Pareto Consideration Of Savage–Niehans Risk And Outcomes," MPRA Paper 119394, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:119394
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    References listed on IDEAS

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    1. Robert J. Aumann & Roberto Serrano, 2008. "An Economic Index of Riskiness," Journal of Political Economy, University of Chicago Press, vol. 116(5), pages 810-836, October.
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    • C00 - Mathematical and Quantitative Methods - - General - - - General

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