Article
Article name On a Problem of the Best Choice with Consensus Rule
Authors Tokareva J.S.Candidate of Physics and Mathematics jtokareva2@mail.ru
Mazalov V.V.Doctor of Physics and Mathematics, Professor vmazalov@krc.karelia.ru
Bibliographic description
Section
DOI
UDK 519.833.2
Article type
Annotation This paper considers the multi-stage game of three persons. A cake of unit size is divided between the three players. To resolve the problem, an arbitrator who is represented by a random number from the Dirichlet distribution is invited. The analytical expression of each of the three winning players as recurrence formulas is found. The optimal behavior of the negotiators is obtained in the class of threshold strategies.
Key words negotiation problem, the best choice, arbitrator, discounting, Dirichlet distribution, threshold strategies.
Article information
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Full articleOn a Problem of the Best Choice with Consensus Rule