Purpose – The purpose of this paper is the determination of reliability sampling plans in the Bayesian approach assuming that the lifetime distribution is exponential. Design/methodology/approach – Sampling plans are used in manufacturing companies as a tool for carrying out sampling...

This article describes the basic elements of the cooperative approach to game theory, one of the two counterparts of the discipline. After the presentation of some basic definitions, the focus will be on the core and the Shapley value, two of the most central solution concepts in cooperative...