Dynamic Fair Gain-Sharing Cooperation: Theory, Solution Techniques and a Reference Solution for United Nations Cooperation Initiatives - Hardcover

by David W. K. Yeung (Author), Leon A. Petrosyan (Author)

This book presents a new technique for measuring the contributions of the participants in cooperation schemes and formulates a dynamic fair gain-sharing solution that reflects the contributions of the participants. The solution entails individual rationality, group optimality, time consistency, and fair gain-sharing principles. This innovative solution is applicable across a diverse array of dynamic games and is expected to offer an effective means to resolve real-life challenges in collaboration and stands as a reference solution to United Nations cooperation initiatives.

The topics in the book include:

1. Dynamic Fair Gain-sharing Cooperation: Theory and Solution Techniques
2. Application of Fair Gain-sharing in Global Environmental Management
3. Dynamic Joint Ventures and Fair Gain-sharing
4. Fair Gain-sharing under Random Exit
5. Dynamic Fair Gain-sharing in Games on a Network
6. Fair Gain-sharing under Dynamic Uncertainty