Abstract
Dynamic cooperation represents one of the most complex forms of decision-making analysis under uncertainty. The complexity leads to great difficulties in the derivation of dynamically stable solutions. An essential factor for a dynamically stable cooperative solution is availability of a system of transitory compensations leading to a subgame consistent solution. In this paper, we derive and examine the rationale behind the working of transitory compensation by discomposing the subgame consistent payoff distribution.
Original language | English |
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Pages (from-to) | 60-65 |
Number of pages | 6 |
Journal | International Journal of Tomography & Statistics |
Volume | 7 |
Issue number | F07 |
Publication status | Published - Sept 2007 |
Externally published | Yes |
User-Defined Keywords
- Cooperative Differential Games
- Transitory Compensation
- Subgame Consistency