Characteristic Function and Time Consistency for Two-Stage Games with Network Externalities
Time consistency is a property of the solution to a cooperative dynamic game which guarantees that this solution remains stable with respect to its revision by players over time. The fulfillment of this property is directly related to the characteristic function and its behavior with the course of t...
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| Format: | Article |
| Language: | English |
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MDPI AG
2020-01-01
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| Series: | Mathematics |
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| Online Access: | https://www.mdpi.com/2227-7390/8/1/38 |