Geodesic
On the Strong Time Consistency of the Core
Matematičeskaâ teoriâ igr i eë priloženiâ, Tome 7 (2015) no. 2, pp. 69-84

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Time consistency is one of desirable properties for any solution of a cooperative dynamic game. If a solution is time-consistent, the players do not need to break a cooperative agreement. In this paper, we consider the core as the solution and establish conditions for its strong time consistency. When the core is not strongly time-consistent, we show that in some cases its elements can be yielded using a strongly time-consistent imputation distribution procedure. An explicit form of the procedure is given.
Keywords: dynamic games, cooperation, strong time consistency.
Mots-clés : core 
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     author = {Artem A. Sedakov},
     title = {On the {Strong} {Time} {Consistency} of the {Core}},
     journal = {Matemati\v{c}eska\^a teori\^a igr i e\"e prilo\v{z}eni\^a},
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     publisher = {mathdoc},
     volume = {7},
     number = {2},
     year = {2015},
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     url = {http://geodesic.mathdoc.fr/item/MGTA_2015_7_2_a4/}
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Artem A. Sedakov. On the Strong Time Consistency of the Core. Matematičeskaâ teoriâ igr i eë priloženiâ, Tome 7 (2015) no. 2, pp. 69-84. http://geodesic.mathdoc.fr/item/MGTA_2015_7_2_a4/