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A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A (single-valued) solution for TU-games assigns a payoff distribution to every TU-game. A well-known solution is the...
Persistent link: https://www.econbiz.de/10011378792
Recently, applications of cooperative game theory to economicallocation problems have gained popularity. To … understandthese applications better, economic theory studies thesimilarities and differences between them. The purpose of thispaper is …
Persistent link: https://www.econbiz.de/10011334357
A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A one-point solution for TU-games assigns a payoff distribution to every TU-game. In this paper we discuss a class of...
Persistent link: https://www.econbiz.de/10011342559
Persistent link: https://www.econbiz.de/10009722669
A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A solution for TU-games assigns a set of payoff distributions to every TU-game. In the literature various models of games...
Persistent link: https://www.econbiz.de/10011383187
Cooperative games with a permission structure are useful tools for analyzing the impact of hierarchical structures on allocation problems in Economics and Operations Research. In this paper, we propose a generalization of the local disjunctive and the local conjunctive permission approaches...
Persistent link: https://www.econbiz.de/10013207269