Bargaining on whales: A differential game model with Pareto optimal equilibria

DOI10.1016/0167-6377(84)90064-6zbMath0531.90110OpenAlexW1965551316MaRDI QIDQ788650

Raimo P. Hämäläinen, Veijo Kaitala

Publication date: 1984

Published in: Operations Research Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0167-6377(84)90064-6

zbMATH Keywords

optimal controlfishery managementinfinite-horizonenvironmental applicationsKalai-Smorodinsky solutiondynamic bargaining problemopen-loop Nash- equilibriumrenewable resource depletiontwo-country differential game model of whaling

Mathematics Subject Classification ID

Cooperative games (91A12) Other game-theoretic models (91A40) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Related Items (7)

A cooperative incentive equilibrium for a resource management problem ⋮ Solution for a dynamic bargaining problem with an application to resource management ⋮ Efficient equilibria in a differential game of capitalism ⋮ Cooperation maintenance in dynamic discrete-time multicriteria games with application to bioresource management problem ⋮ Exploitation and recovery periods in dynamic resource management problem ⋮ Nonuniqueness of no-memory feedback equilibria in a fishery resource game ⋮ Equilibria in a stochastic resource management game under imperfect information

Cites Work

• Cooperative equilibria in differential games
• Collusive behavior in noncooperative epsilon-equilibria of oligopolies with long but finite lives
• A concept of cooperative equilibrium for dynamic games
• Optimal control on an infinite time horizon
• Axiomatic models of bargaining
• Nonzero-sum differential games
• The Bargaining Problem
• On the cheating problem in Stackelberg games†
• Other Solutions to Nash's Bargaining Problem
• Further Aspects of Turnpike Theory in Continuous Time With Applications
• Turnpike Properties for the Optimal Use of a Natural Resource
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