On some properties of the characteristic function and the core of a multistage game of coalitions
- 1 April 1975
- journal article
- Published by Institute of Electrical and Electronics Engineers (IEEE) in IEEE Transactions on Automatic Control
- Vol. 20 (2) , 238-241
- https://doi.org/10.1109/tac.1975.1100928
Abstract
The Characteristic Function and the Core of a game described by a multistage control system, are studied. It is shown that the concept of Core must be strengthened to provide collective rationality in a multistage game with feedback strategies. A dynamic programming algorithm is proposed to compute the characteristic function of a game described by a linear system.Keywords
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