The Application of Stochastic Cooperative Games in Studies of Regularities in the Realization of Large-Scale Investment Projects

Authors

  • Pavel Konyukhonsky Saint Petersburg State University

Abstract

The paper considered possible way of implementations of classical cooperative games with transferable utility. This way is based on the assumption, that the utility of coalitions (the value of the characteristic function of the game) are stochastic values. The given class of games is offered to be called stochastic cooperative games. The main attention is placed on possible approaches to the definition of superadditivity for stochastic cooperative games. Also was considered the possible approaches to the definition of concept of imputations and core for stochastic cooperative games. One of the possible areas of practical using of stochastic cooperative games are economic researches of the processes of large investment project, including projects with international participation.

Keywords:

stochastic cooperative games, superadditivity, imputation

Downloads

Download data is not yet available.

References

Amir, R. Stochastic Games in Economics: The latter-theoretic approach. Stochastic Games and Applications in A. Neyrnan and S. Sorin (eds.)

Baranova, E.M., Petrosjan, L.A. Cooperative Stochastic Games in Stationary Strategies. Game theory and Applications, Nova Science Publishers, 200G, vol. 11, pp. 7–17.

Dutta, P. (1995). A Folk Theorem for Stochastic Games. Journal of Economic Theory, 66, 1–32.

Haller, H., Lagunoff, R. (2000). Genericity and Markovian Behavior in Stochastic Games. Econometrica, 68(5), 1231–1248.

Herings, P.J.-J., Peeters, R.J.A.P. (2004). Stationary Equlibria in Stochastic Games: Structure, Selection, and Computation. Journal of Economic Theory, 118(1), 32–60.

Liu, J., David, H.A. (1989). Quantiles of Sums and Expected Values of rdered Sums. Austral J. Statist., 31(3), 469–474.

Watson, R., Gordon, L. (1986). On Quantiles of Sums. Austral J. Statist., 28(2), 192–199.

Downloads

Published

2023-01-25

How to Cite

Konyukhonsky, P. (2023). The Application of Stochastic Cooperative Games in Studies of Regularities in the Realization of Large-Scale Investment Projects. Contributions to Game Theory and Management, 5, 138–146. Retrieved from https://gametheory.spbu.ru/article/view/14318

Issue

Section

Articles