Stackelberg games with the third party
Fuente:
arXiv
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| Auteurs principaux: | , , |
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| Format: | Preprint |
| Publié: |
2024
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| _version_ | 1866910543268282368 |
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| author | Jiang, Yiming Wei, Yawei Xue, Jie |
| author_facet | Jiang, Yiming Wei, Yawei Xue, Jie |
| contents | In this paper, we introduce the third party to achieve the Stackelberg equilibrium with the time inconsistency in three different Stackelberg games, which are the discrete-time games, the dynamic games, and the mean field games. Here all followers are experiencing learning-by-doing. The role of a third party is similar to industry associations, they supervise the leader's implementation and impose penalties for the defection with the discount factor. Then we obtain different forms of discount factors in different models and effective conditions to prevent defection.These results are consistent and the third party intervention is effective and maneuverable in practice. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2407_18401 |
| institution | arXiv |
| publishDate | 2024 |
| record_format | arxiv |
| spellingShingle | Stackelberg games with the third party Jiang, Yiming Wei, Yawei Xue, Jie Optimization and Control In this paper, we introduce the third party to achieve the Stackelberg equilibrium with the time inconsistency in three different Stackelberg games, which are the discrete-time games, the dynamic games, and the mean field games. Here all followers are experiencing learning-by-doing. The role of a third party is similar to industry associations, they supervise the leader's implementation and impose penalties for the defection with the discount factor. Then we obtain different forms of discount factors in different models and effective conditions to prevent defection.These results are consistent and the third party intervention is effective and maneuverable in practice. |
| title | Stackelberg games with the third party |
| topic | Optimization and Control |
| url | https://arxiv.org/abs/2407.18401 |