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2021
The aim of this chapter is to familiarize the reader with cooperative game theory. It is sometimes suggested that non-cooperative game theory is more fundamental than cooperative game theory. Indeed, from an economic or sociological point of view, cooperative game theory seems odd in that it does not model people who “act”, “know about things”, or ...
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The aim of this chapter is to familiarize the reader with cooperative game theory. It is sometimes suggested that non-cooperative game theory is more fundamental than cooperative game theory. Indeed, from an economic or sociological point of view, cooperative game theory seems odd in that it does not model people who “act”, “know about things”, or ...
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Role of cooperation in coupling game theory
International Journal of Control, 2007A coupling game is a new model for partly cooperative and partly non-cooperative games. This paper describes benefits that result when coupling rational cooperation, under some situations, is increased. We prove that if a coupling game is strictly rational and partly cooperative, the higher the coupling factors, the larger the social payoff, which is ...
Mo Wei, Jose B. Cruz Jr.
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2016
This chapter provides an introduction to cooperative game theory, which complements noncooperative game theory (Chapter 2). Both of these fields study strategic aspects of cooperation and competition among the players. In noncooperative game theory, players are assumed to choose their actions individually, selfishly seeking to realize their own goals ...
Edith Elkind, Jörg Rothe
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This chapter provides an introduction to cooperative game theory, which complements noncooperative game theory (Chapter 2). Both of these fields study strategic aspects of cooperation and competition among the players. In noncooperative game theory, players are assumed to choose their actions individually, selfishly seeking to realize their own goals ...
Edith Elkind, Jörg Rothe
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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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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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Evaluating Cooperative Game Theory in water resources
Theory and Decision, 1992Two empirical applications of Cooperative Game Theory concerned with regional cooperation in the use of irrigation water are presented. Both studies attempt to derive income maximizing solutions for the participants and the related income allocation schemes. Distinction is made between transferable and non-transferable utility situations.
Dinar, Ariel, Ratner, Aharon, Yaron, Dan
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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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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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A Formal Theory of Cooperative TU-Games
2009Results of game theory are often the keys to decisions of economical and political executives. They are also used to create internal tools of many decision making software. For example, coordination games may be cooperative games, when the players choose the strategies by a consensus decision making process, and game trees are used to represent some ...
Marc Daumas +3 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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