Options
The tenet of transitory compensation in dynamically stable cooperation
Date Issued
2007
ISSN
0973-7294
0972-9976
Citation
International Journal of Tomography & Statistics, Fall 2007, vol. 7, pp. 60-65.
Type
Peer Reviewed Journal Article
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.
Loading...
Availability at HKSYU Library
