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| Content Provider | IEEE Xplore Digital Library |
|---|---|
| Author | Zhao Wei Huang Jie-Sheng |
| Copyright Year | 2007 |
| Description | Author affiliation: Wuhan Univ., Wuhan (Zhao Wei; Huang Jie-Sheng) |
| Abstract | Game theory deems players as rational participants and admits the conflict existing between individual rationality and collective rationality. In this paper, an improved two-stage bargaining model is constructed and applied for the allocation of resources. On the basis of bargaining theory, both the players and coordinator's sense and strategy are modeled, including the discount factor and probability of offering in the second round. Then, the sub-game perfect Nash equilibrium solution to the cooperative game model is given through inverse stage analysis. Finally, simplified examples are presented to illustrate the general ideas of model. |
| Starting Page | 509 |
| Ending Page | 509 |
| File Size | 195564 |
| Page Count | 1 |
| File Format | |
| ISBN | 0769528821 |
| DOI | 10.1109/ICICIC.2007.104 |
| Language | English |
| Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Publisher Date | 2007-09-05 |
| Publisher Place | Japan |
| Access Restriction | Subscribed |
| Rights Holder | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Subject Keyword | Laboratories Hydroelectric power generation Power generation economics Nash equilibrium Resource management Game theory Protection Water resources Power generation Petroleum |
| Content Type | Text |
| Resource Type | Article |
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