This paper presents dynamically stable solutions to a class of cooperative differential games of pollution management in collaborative abatement with uncertain future payoffs. Collaborative abatement leads to a decrease in cost due to reduction in duplicated efforts in the process of joint...

Cooperative stochastic differential games constitute a highly complex form of decision making under uncertainty. In particular, interactions between strategic behaviors, dynamic evolution, stochastic elements and solution agreement have to be considered simultaneously. This complexity leads to...