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A Positioning of Cooperative Differential Games

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Executive Summary

In this paper, the authors embed the theory of cooperative differential games within the theory of dynamic games and discuss a number of results of them. Dynamic game theory brings together four features that are key to many situations in economy, ecology, and elsewhere: optimizing behavior, presence of multiple agents/players, enduring consequences of decisions and robustness with respect to variability in the environment. To deal with problems bearing these four features the dynamic game theory methodology splits the modeling of the problem into three parts.

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