DocumentCode
3701413
Title
Dynamic stability of the Shapley value in the differential resource extraction game
Author
Dmitriy Ershov
Author_Institution
St. Peterburg State University, 7/9, Universitetskaya nab., 199034, Russia
fYear
2015
Firstpage
237
Lastpage
239
Abstract
The problem of limited resource extraction by two firms often occurs in practice. Both firms try to maximize their income. This issue has been thoroughly investigated in [2]. The difficulty lies in the fact that the model uses a system of differential equations, which do not have analytic solution. In this paper, an attempt was made to improve the model in order to the obtained systems with analytic solution, which could be analyzed.
Keywords
"Games","Mathematical model","Companies","Trajectory","Stability analysis","Analytical models","Differential equations"
Publisher
ieee
Conference_Titel
"Stability and Control Processes" in Memory of V.I. Zubov (SCP), 2015 International Conference
Type
conf
DOI
10.1109/SCP.2015.7342114
Filename
7342114
Link To Document