Simultaneous Resource Accumulation and Payoff Allocation: A Cooperative Fuzzy Game Approach
We develop a simultaneous resource accumulation and payoff allocation algorithm under the framework of a cooperative fuzzy game that builds on our earlier work on the role of satisfaction in resource accumulation and payoff allocation. The difference between the two models lies in the fact that whil...
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| Format: | Article |
| Language: | English |
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Wiley
2018-01-01
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| Series: | Advances in Fuzzy Systems |
| Online Access: | http://dx.doi.org/10.1155/2018/7031071 |
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| _version_ | 1832556996952326144 |
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| author | Surajit Borkotokey Rupok Neog Qiang Zhang |
| author_facet | Surajit Borkotokey Rupok Neog Qiang Zhang |
| author_sort | Surajit Borkotokey |
| collection | DOAJ |
| description | We develop a simultaneous resource accumulation and payoff allocation algorithm under the framework of a cooperative fuzzy game that builds on our earlier work on the role of satisfaction in resource accumulation and payoff allocation. The difference between the two models lies in the fact that while focus was more on getting an exact solution in our previous model, the negotiation process in the current model accounts more for the role of the intermediate stages. Moreover we characterize our solution using two properties: asymptotic fairness and efficiency. Our model includes a suitable penalty function to refrain players from unreasonable demands. We focus on real life situations where possibly one or more players compromise on their shares to ensure a binding agreement with the others. |
| format | Article |
| id | doaj-art-f64bb00da80e4f93940fdc8d3a46bf18 |
| institution | Kabale University |
| issn | 1687-7101 1687-711X |
| language | English |
| publishDate | 2018-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Advances in Fuzzy Systems |
| spelling | doaj-art-f64bb00da80e4f93940fdc8d3a46bf182025-02-03T05:43:53ZengWileyAdvances in Fuzzy Systems1687-71011687-711X2018-01-01201810.1155/2018/70310717031071Simultaneous Resource Accumulation and Payoff Allocation: A Cooperative Fuzzy Game ApproachSurajit Borkotokey0Rupok Neog1Qiang Zhang2Department of Mathematics, Dibrugarh University, Dibrugarh 786004, IndiaDepartment of Mathematics, Dibrugarh University, Dibrugarh 786004, IndiaSchool of Management and Economics, Beijing Institute of Technology, Beijing 100081, ChinaWe develop a simultaneous resource accumulation and payoff allocation algorithm under the framework of a cooperative fuzzy game that builds on our earlier work on the role of satisfaction in resource accumulation and payoff allocation. The difference between the two models lies in the fact that while focus was more on getting an exact solution in our previous model, the negotiation process in the current model accounts more for the role of the intermediate stages. Moreover we characterize our solution using two properties: asymptotic fairness and efficiency. Our model includes a suitable penalty function to refrain players from unreasonable demands. We focus on real life situations where possibly one or more players compromise on their shares to ensure a binding agreement with the others.http://dx.doi.org/10.1155/2018/7031071 |
| spellingShingle | Surajit Borkotokey Rupok Neog Qiang Zhang Simultaneous Resource Accumulation and Payoff Allocation: A Cooperative Fuzzy Game Approach Advances in Fuzzy Systems |
| title | Simultaneous Resource Accumulation and Payoff Allocation: A Cooperative Fuzzy Game Approach |
| title_full | Simultaneous Resource Accumulation and Payoff Allocation: A Cooperative Fuzzy Game Approach |
| title_fullStr | Simultaneous Resource Accumulation and Payoff Allocation: A Cooperative Fuzzy Game Approach |
| title_full_unstemmed | Simultaneous Resource Accumulation and Payoff Allocation: A Cooperative Fuzzy Game Approach |
| title_short | Simultaneous Resource Accumulation and Payoff Allocation: A Cooperative Fuzzy Game Approach |
| title_sort | simultaneous resource accumulation and payoff allocation a cooperative fuzzy game approach |
| url | http://dx.doi.org/10.1155/2018/7031071 |
| work_keys_str_mv | AT surajitborkotokey simultaneousresourceaccumulationandpayoffallocationacooperativefuzzygameapproach AT rupokneog simultaneousresourceaccumulationandpayoffallocationacooperativefuzzygameapproach AT qiangzhang simultaneousresourceaccumulationandpayoffallocationacooperativefuzzygameapproach |