Showing 1 - 2 of 2
Game-theory approach is widely used in investigations of controlled systems in different fields of management. This is due to the universality of the games theory techniques and, in particular, principles of optimality. Implementation of an optimality principle in a game gains the optimal...
Persistent link: https://www.econbiz.de/10010860233
There are three important aspects which must be taken into account when the problem of stability of long-range cooperative agreements is investigated: time-consistency (dynamic stability) of the cooperative agreements,strategic stability and irrational behavior proofness. Timeconsistency (TC)...
Persistent link: https://www.econbiz.de/10008521875