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JOURNALS // Contributions to Game Theory and Management // Archive

Contributions to Game Theory and Management, 2018 Volume 11, Pages 66–72 (Mi cgtm323)

This article is cited in 1 paper

Dynamic Nash Bargaining Solution for two-stage network games

Jie Junnan

St. Petersburg State University, 7/9 Universitetskaya nab., St. Petersburg, 199034, Russia

Abstract: In this paper, two-stage network games are studied. At first stage of the game players form a network, while at second stage they choose strategies according to the network realized at the first stage. However, there are two kinds of two-stage networks. The first is a special class of two-stage network games when players have the opportunity to revised their network which they formed before. And the second is classical two-stage network. Cooperative setting is considered. In the cooperative case, we use Nash Bargaining Solution as a solution concept. It is demonstrated that the Nash Bargaining Solution satisfies the time consistency property for the special class of two-stage network game. But its not true for a classical two-stage network game.

Keywords: network, time-consistency, Nash Bargaining solution.

Language: English



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