Please use this identifier to cite or link to this item:
http://hdl.handle.net/20.500.11861/8663
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Prof. YEUNG Wing Kay, David | en_US |
dc.contributor.author | Petrosyan, Leon A. | en_US |
dc.date.accessioned | 2023-11-20T03:07:56Z | - |
dc.date.available | 2023-11-20T03:07:56Z | - |
dc.date.issued | 2012 | - |
dc.identifier.citation | In Yeung, David W. K. & Petrosyan, Leon A. (2012). Subgame consistent economic optimization: An advanced cooperative dynamic game analysis (pp. 239-270). Birkhauser. | en_US |
dc.identifier.isbn | 978-0-8176-8261-3 | - |
dc.identifier.isbn | 978-0-8176-8262-0 | - |
dc.identifier.uri | http://hdl.handle.net/20.500.11861/8663 | - |
dc.description.abstract | In this chapter, we consider a cost-saving joint venture in the presence of stochastic elements. Section 9.1 formulates a dynamic cost-saving corporate joint venture in a stochastic environment and characterizes its subgame consistent solutions. An explicitly solvable illustration is given in Sect. 9.2. A characterization of the Shapley Value solution to a stochastic cost-saving joint venture is presented in Sect. 9.3 and a payoff distribution procedure leading to a subgame consistent solution is computed. Extensions to infinite-horizon ventures are formulated with explicit illustrations in the subsequent two sections. | en_US |
dc.language.iso | en | en_US |
dc.title | Cost-saving joint venture under uncertainty | en_US |
dc.type | Book Chapter | en_US |
dc.identifier.doi | 10.1007/978-0-8176-8262-0_9 | - |
item.fulltext | No Fulltext | - |
crisitem.author.dept | Department of Economics and Finance | - |
Appears in Collections: | Economics and Finance - Publication |
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