Dynamic Multicriteria Game with Pollution Externalities

The multicriteria approach deals with real-life applications of game theory. However, the existing game-theoretic statements joint analysis resource extraction and pollution dynamics have not considered multiple objectives players. To address this issue, a dynamic is proposed: many players exploit common seek to optimize different criteria under externalities. Two interconnected state variables (resource stock level) are introduced studied. level depends on exploitation strategies, an environmental objective reduce accumulated pollution. noncooperative cooperative behavioral strategies analyzed. A linear bioresource management problem externalities investigated illustrate solution concepts proposed. differences between cases, as well models without environmentally concerned players, treated analytically numerically. As shown by results, behavior reduces in both statements, bringing sparing exploitation.