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author:

An, Jingjing (An, Jingjing.) [1] | Kilgour, D. Marc (Kilgour, D. Marc.) [2] | Hipel, Keith W. (Hipel, Keith W..) [3] | Li, Dengfeng (Li, Dengfeng.) [4]

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EI Scopus

Abstract:

In many real-world conflict situations, decision-makers (DMs) integrate multiple objectives rather than considering just one objective or dimension. A multi-objective graph model (MOGM) is proposed to balance each DM’s objectives in both two-DM and multi-DM conflicts. To identify Nash stability in MOGMs, a comprehensive preference matrix with weight parameters on objectives is developed for each DM, along with a unilateral move matrix including preference weights (UMP). Then, considering the subjective uncertainty of DMs, interval numbers are used to represent the degree of uncertainty of preference. Subsequently, Nash equilibria and interval Nash equilibria are developed for MOGMs, and the dependence of these equilibria on weights is shown. To illustrate how MOGM can be applied in practice and provide valuable strategic insights, it is used to investigate a US-China trade dispute model. The stability results suggest potential strategic resolutions of bilateral trade disputes, and how DMs can attain them. The case analysis process suggests that a peaceful settlement of the dispute may be achievable. © Springer Nature Switzerland AG 2020.

Keyword:

Commerce Decision making Graph theory

Community:

  • [ 1 ] [An, Jingjing]School of Economics and Management, Fuzhou University, Fuzhou; Fujian; 350108, China
  • [ 2 ] [An, Jingjing]Department of Systems Design Engineering, University of Waterloo, Waterloo; ON; N2L 3G1, Canada
  • [ 3 ] [Kilgour, D. Marc]Department of Mathematics, Wilfrid Laurier University, Waterloo; ON; N2L 3C5, Canada
  • [ 4 ] [Hipel, Keith W.]Department of Systems Design Engineering, University of Waterloo, Waterloo; ON; N2L 3G1, Canada
  • [ 5 ] [Li, Dengfeng]School of Economics and Management, University of Electronic Science and Technology of China, Chengdu; Sichuan; 611731, China

Reprint 's Address:

  • 安京京

    [an, jingjing]department of systems design engineering, university of waterloo, waterloo; on; n2l 3g1, canada;;[an, jingjing]school of economics and management, fuzhou university, fuzhou; fujian; 350108, china

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Source :

ISSN: 1865-1348

Year: 2020

Volume: 388 LNBIP

Page: 3-20

Language: English

Cited Count:

WoS CC Cited Count: 0

SCOPUS Cited Count:

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 1

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