Coalitional Solution in a Game Theoretic Model of Territorial Environmental Production
Abstract
A game-theoretic model of territorial environmental production under Cournot competition is studied. The process is modeled as cooperative differential game with coalitional structure. The Nash equilibrium in the game played by coalitions is computed and then the value of each coalition is allocated according to some given mechanism between its members. The numerical example is given.
Keywords:
optimal control, nonlinear system, dynamic programming
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Articles of "Contributions to Game Theory and Management" are open access distributed under the terms of the License Agreement with Saint Petersburg State University, which permits to the authors unrestricted distribution and self-archiving free of charge.
