Artikel

Multi-leader multi-follower model with aggregative uncertainty

We study a non-cooperative game with aggregative structure, namely when the payoffs depend on the strategies of the opponent players through an aggregator function. We assume that a subset of players behave as leaders in a Stackelberg model. The leaders, as well the followers, act non-cooperatively between themselves and solve a Nash equilibrium problem. We assume an exogenous uncertainty affecting the aggregator and we obtain existence results for the stochastic resulting game. Some examples are illustrated.

Language
Englisch

Bibliographic citation
Journal: Games ; ISSN: 2073-4336 ; Volume: 8 ; Year: 2017 ; Issue: 3 ; Pages: 1-14 ; Basel: MDPI

Classification
Wirtschaft
Subject
aggregative game
hierarchical model
Nash equilibrium

Event
Geistige Schöpfung
(who)
Mallozzi, Lina
Messalli, Roberta
Event
Veröffentlichung
(who)
MDPI
(where)
Basel
(when)
2017

DOI
doi:10.3390/g8030025
Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Mallozzi, Lina
  • Messalli, Roberta
  • MDPI

Time of origin

  • 2017

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