Titlebook: Subgame Consistent Cooperation; A Comprehensive Trea David W.K. Yeung,Leon A. Petrosyan Book 2016 Springer Science+Business Media Singapore

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Subgame Consistent Cooperative Solution in Random Horizon Dynamic Gamesal of lease, the terms of offices of elected authorities, contract renewal and continuation of agreements subjected to periodic negotiations. This Chapter presents subgame consistent solutions in discrete-time cooperative dynamic cooperative games with random horizon. The analysis is based on the wo

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chronology

Subgame Consistency Under Furcating Payoffs, Stochastic Dynamics and Random Horizon there exist uncertainties in the state dynamics, future payoff structures and game horizon. The non-cooperative Nash equilibrium is characterized and subgame-consistent cooperative solutions is derived. A discrete-time analytically tractable payoff distribution procedures contingent upon specific r

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Applications in Cooperative Public Goods Provisionnvironment, national security, scientific knowledge, accessible public capital, technical know-how and public information. The non-exclusiveness and positive externalities of public goods constitutes major factors for market failure in their provision. The provision of public goods constitutes a cla

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Subgame Consistency Under Asynchronous Players’ Horizons cooperative differential game theory to problems where the players’ game horizons are asynchronous and the types of future players are uncertain. In particular, the Chapter is an integrated disquisition of the analysis in Yeung (2011) with an extension to incorporate stochastic state dynamics.