Results 251 to 260 of about 322,056 (293)
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2002
In preparation for the subsequent chapters we provide the reader in this chapter with some game properties and solution concepts from cooperative game theory with transferable Utility. We conflne ourself in discussing cooperative game theory to the part where the cooperative Output of a coalition can be measured by a numeraire good like money and ...
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In preparation for the subsequent chapters we provide the reader in this chapter with some game properties and solution concepts from cooperative game theory with transferable Utility. We conflne ourself in discussing cooperative game theory to the part where the cooperative Output of a coalition can be measured by a numeraire good like money and ...
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1999
An n-person game in strategic (or normal) form. If all the strategy sets S i have a finite number of elements, the game is called finite. Definition of a pure strategy Nash equilibrium for an n-person game. Sufficient conditions for the existence of a pure strategy Nash equilibrium. (There will usually be several Nash equilibria.)
Knut Sydsæter, Arne Strøm, Peter Berck
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An n-person game in strategic (or normal) form. If all the strategy sets S i have a finite number of elements, the game is called finite. Definition of a pure strategy Nash equilibrium for an n-person game. Sufficient conditions for the existence of a pure strategy Nash equilibrium. (There will usually be several Nash equilibria.)
Knut Sydsæter, Arne Strøm, Peter Berck
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1997
In Chapter 9 we saw that the pure strategy solution of a non-cooperative game may not exist. In such a case a player benefits from knowing his opponent’s strategy. It is suggested that players should play the game like a lottery, with probabilities attached to the strategies so that no player is certain about his rival’s strategy.
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In Chapter 9 we saw that the pure strategy solution of a non-cooperative game may not exist. In such a case a player benefits from knowing his opponent’s strategy. It is suggested that players should play the game like a lottery, with probabilities attached to the strategies so that no player is certain about his rival’s strategy.
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2000
This chapter provides the reader with a brief introduction into cooperative game theory, making the usual distinction between games with transferable utility (TU-games) and games with non-transferable utility (NTU-games). We start with defining a mathematical framework to describe cooperative decision making problems in general.
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This chapter provides the reader with a brief introduction into cooperative game theory, making the usual distinction between games with transferable utility (TU-games) and games with non-transferable utility (NTU-games). We start with defining a mathematical framework to describe cooperative decision making problems in general.
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2002
The theory of games studies the problems of multi-person decisions and their applications over almost all areas of economics. At a micro level, for example, exchange models (negotiation and bidding) use the theory of games. At an intermediate aggregation level, the theory of games is used in company behaviour models (problems of this type typically ...
Nieves Arranz Peña +1 more
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The theory of games studies the problems of multi-person decisions and their applications over almost all areas of economics. At a micro level, for example, exchange models (negotiation and bidding) use the theory of games. At an intermediate aggregation level, the theory of games is used in company behaviour models (problems of this type typically ...
Nieves Arranz Peña +1 more
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2019
A brief historical introduction of game theory is presented and some background is provided. More speci fically, cooperative games with transferable utility, which are introduced in this chapter, will be object of study. This class of games considering full and restricted cooperation is analyzed by presenting several of their main properties.
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A brief historical introduction of game theory is presented and some background is provided. More speci fically, cooperative games with transferable utility, which are introduced in this chapter, will be object of study. This class of games considering full and restricted cooperation is analyzed by presenting several of their main properties.
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Cooperation and Cooperative Game Theory
2000In the earlier chapters of this book I have presented the basic elements of the collective goal theory of cooperation (g-cooperation) and sketched another view of cooperation in terms of private goals (i-cooperation, analyzed by means of (CO)). The rest of the book will discuss g-cooperation and i-cooperation basically in a strategic (as opposed to ...
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1998
Abstract Philosophers, economists, psychologists, sociologists, anthropologists, political scientists, mathematicians and behavioral ecologists have all pondered over the origin and stability of cooperative behavior (Axelrod 1984). Despite this, as well as a huge human literature base and a growing empirical foundation on cooperation ...
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Abstract Philosophers, economists, psychologists, sociologists, anthropologists, political scientists, mathematicians and behavioral ecologists have all pondered over the origin and stability of cooperative behavior (Axelrod 1984). Despite this, as well as a huge human literature base and a growing empirical foundation on cooperation ...
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Realism, Game Theory, and Cooperation
World Politics, 1988AbstractRecent work has focused on the problem of how states cooperate in the environment of anarchy. Linked to the ideas of the Prisoners' Dilemma and public goods, that work has provided important insights and lines of research. But it also has problems and limitations, which are explored in the paper. The anarchy approach stresses individual actors'
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Cooperative and Non-cooperative Game Theory
2016This article outlines the differences between cooperative and non-cooperative game theory. It introduces some of the main concepts of cooperative game theory as they apply to strategic management research.
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