Payoff distribution in a multi-company extraction game with uncertain duration (Q1634511)
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scientific article; zbMATH DE number 6994729
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Payoff distribution in a multi-company extraction game with uncertain duration |
scientific article; zbMATH DE number 6994729 |
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Payoff distribution in a multi-company extraction game with uncertain duration (English)
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18 December 2018
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Summary: A nonrenewable resource extraction game model is analyzed in a differential game theory framework with random duration. If the cumulative distribution function (c.d.f.) of the final time is discontinuous, the related subgames are differentiated based on the position of the initial instant with respect to the jump. We investigate properties of optimal trajectories and of imputation distribution procedures if the game is played cooperatively.
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differential games
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non zero-sum games
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cooperative games
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resource extraction
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random duration
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IDP procedure
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0.8690759
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0.8651576
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0.8637859
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0.8558207
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0.8527744
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0.8390961
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0.83498734
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0.83459616
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