The allocation problem of rewards/costs is a basic question for players, namely, individuals and companies that are planning cooperation under uncertainty. The involvement of uncertainty in cooperative game theory is motivated by the real world in which noise in observation and experimental...

In this chapter we review the recent literature on the effects of changing global demographic trends on consumption, factor prices and social security. We also construct an overlapping generation model with four regions of the world. The model is calibrated so that we match some basic statistics...

The COVID-19 pandemic posed a major threat to the well-being of older Europeans. Its economic and social effects, however, varied across countries. This multidisciplinary book presents the first results of analyses that combined the renowned longitudinal database of SHARE with new data from two...