Nash-Cournot versus Stackelberg scenarioWe analyze the paradox of cooperation, as established by Barrett (1994), and later reiterated by many others, in a more general framework. That is, we show that stable coalitions are either small or if they are large, the potential gains from cooperation...
At the same time, we proposed a new Stackelberg value iteration framework to approximate the near-optimal pure strategy. Next, we developed the corresponding optimal strategy for the multiplayer independent strategy game numerically. Finally, we presented the Nash equilibrium for simultaneous Pig game ...