In this study we consider the time consistency of multistage cooperative games with social value orientation(SVO) in which there is one optimal trajectories with complete *** dynamic cooperative games,an important con...
In this study we consider the time consistency of multistage cooperative games with social value orientation(SVO) in which there is one optimal trajectories with complete *** dynamic cooperative games,an important condition for the distribution of players' payoff is that individual rationality needs to be *** the players' payoff do not satisfy individual rationality as the game progresses along the cooperative trajectory,some players will deviate from the cooperative *** SVO can affect player payoffs along a strategy and thus influence ***,we show the SVO influences the multistage cooperation games with complete information.
Well-known results on the ergodicity of queues with preemptive priority were obtained under the assumption that jobs arrive according to the Poisson process. This assumption, however, does not always hold true in prac...
Consider a two-stage n-person stochastic game with spanning *** cooperative action of the players is *** the first stage,players construct the associated cost matrix on a complete graph by selecting strategies,and det...
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Consider a two-stage n-person stochastic game with spanning *** cooperative action of the players is *** the first stage,players construct the associated cost matrix on a complete graph by selecting strategies,and determine the minimum cost spanning *** the first stage,the graph constructed by the players changes randomly with a given probability,and the cost of one or more edges is changed,depending on the action of all players in the first *** paper defines a dynamic "optimistic" game with spanning tree and new characteristic functions in the two-stage stochastic ***,it is proved that under certain conditions,the core of the dynamic "optimistic" game is not empty.
In this paper, we consider the problem of data-driven modelling and model predictive control (MPC) of a single machine infinite bus system (SMIB). When a linear state-space model of the plant is not available, a pair ...
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Extreme values are considered in samples with random size that have a mixed Poisson distribution being generated by a doubly stochastic Poisson process. We prove some inequalities providing bounds on the rate of conve...
A technology is proposed for estimating the probability that a share price will fall below the minimum level. The exact expression is obtained for the required probability under the assumption that the behavior of the...
A technology is proposed for estimating the probability that a share price will fall below the minimum level. The exact expression is obtained for the required probability under the assumption that the behavior of the share price is described by the well-known model of Samuelson, according to which the relative change in price is the sum of the non-random trend and the Wiener process. The obtained result is qualitatively analyzed for various relations of the problem parameters.
This paper starts from the classic case of'"Prisoner's Dilemma" in game theory,and investigates the prisoner's dilemma model from single game to repeated game by combining cooperation indices suc...
This paper starts from the classic case of'"Prisoner's Dilemma" in game theory,and investigates the prisoner's dilemma model from single game to repeated game by combining cooperation indices such as social values and beliefs,and discusses the maximum benefit function of the participants when they adopt"tit for tat(TFT)" strategy and"trigger strategy(TS)" respectively." strategy and"trigger strategy(TS)",and finally analyzed how these cooperation indices affect the mechanism of cooperation in repeated games,and finally argued the equilibrium difference between prisoner's dilemma in single game and repeated game,and illustrated that under repeated game conditions The possibility of cooperation arises under the conditions of repeated games.
This study uses a newly developed game theoretic model to explore the effects and mechanisms of cooperation indicators such as interpersonal trust,social preferences,and social value orientations on cooperative behavi...
This study uses a newly developed game theoretic model to explore the effects and mechanisms of cooperation indicators such as interpersonal trust,social preferences,and social value orientations on cooperative behavior,and we develop a psychologically grounded model of trust-based *** on cooperation in gift choice games has focused on the extent to which it promotes noncooperative choices,which derive exclusively from the payoff structure of the ***,this approach does not clearly explain the psychological mechanisms of why the game's payoffs affect the rate of *** trust-based cooperation,we show how simple decision models predict the emergence of expected utility maximizing strategies when both individual social preferences and positive expectations are *** addition,we show the relationship between these predictions and the game cooperation ***,we describe the conditions under which trust-based cooperation is justified and how the decision to trust can be understood through the interplay between payoffs,preferences,and beliefs.
In this paper the process of investing funds by group of investors in the products production in certain region to meet public needs is considered. When making decision on investing funds, group of investors expects t...
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