This paper presents dynamically stable solutions to a class of cooperative differential games of pollution management in collaborative abatement with uncertain future payoffs. Collaborative abatement leads to a decrease in cost due to reduction in duplicated efforts in the process of joint...

In cooperative stochastic dynamic games a stringent condition — subgame consistency — is required for a dynamically stable solution. A cooperative solution is subgame consistent if an extension of the solution policy to a situation with a later starting time and any feasible state brought...

In cooperative stochastic dynamic games a stringent condition — that of subgame consistency — is required for a dynamically stable cooperative solution. In particular, a cooperative solution is subgame consistent if an extension of the solution policy to a subgame starting at a later time...

Under dynamic cooperation a player may use 'irrational' acts to extort additional gains if later circumstances allow. In this article we present a condition under which even if irrational behaviors appear later in the game the concerned player would still be performing better under the...

Strategic behaviors of players depend crucially on the coalition structures of a game. A recursive sequence identifying the number of embedded coalitions in a n-player game is derived. The paper also derives a recursive sequence identifying the number of embedded coalitions in a n-player game...

Cooperative stochastic differential games constitute a highly complex form of decision making under uncertainty. In particular, interactions between strategic behaviors, dynamic evolution, stochastic elements and solution agreement have to be considered simultaneously. This complexity leads to...

No abstract received.

This article provides an extension of the Fend-Feichtinger-Tragler dynamic game of offending and law enforcement to a stochastic framework. This allows the analysis to reflect actual crime statistics which displays randomness in its distribution. Stochastic paths of crimes are derived. The...