Title: Nontransferable individual payoffs in cooperative stochastic dynamic games
Abstract: In cooperative dynamic games with non-transferable payoffs, the players’ agreed-upon cooperative actions would determine the resulting payoff that each player receives. This article develops a mechanism for the derivation of individual player’s payoff functions in cooperative stochastic dynamic games with nontransferable payoffs. This is the first time that individual player’s payoff functions are characterized in an analytically derivable form in such a framework. An illustrative example is provided. Mathematics Subject Classifications: 91A12, 91A25
Publication Year: 2013
Publication Date: 2013-01-01
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 6
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