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Tekijä:Kaitala, V.
Otsikko:Equilibria in stochastic resource management game under imperfect information
Lehti:European Journal of Operational Research
1993 : DEC 24, VOL. 71:3, p. 439-453
Asiasana:GAMES
DYNAMIC PROGRAMMING
STOCHASTIC PROCESSES
Kieli:eng
Tiivistelmä:The paper considers equilibrium solutions in a stochastic resource management game. The countries choose frequently between cooperative and noncooperative (retaliation) modes of play. The choices between cooperative and noncooperative subgames are based on imperfect estimates of the fishing efforts (fleet sizes) of the co-harvesting country during the previous period. If either of the countries concludes that the fishing activity of the co-harvesting country has been too intensive during the previous period, then either a noncooperative retaliation period follows or cooperation is continued.
SCIMA tietueen numero: 109063
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