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In this paper, we introduce a general framework for situations with decision making under uncertainty and cooperation possibilities. This framework is based upon a two stage stochastic programming approach. We show that under relatively mild assumptions the cooperative games associated with...
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well-known that the strict core of such a game may be empty, single-valued, or multi-valued. We define a condition on such … core allocation in the model with no indifference). We prove that a game has a nonempty strict core if and only if it is … either a strict core allocation or a report that the strict core is empty. Finally, we are also able to construct a linear …
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The nucleolus offers a desirable payoff-sharing solution in cooperative games, thanks to its attractive properties. Although computing the nucleolus is very challenging, the Kohlberg criterion offers a method for verifying whether a solution is the nucleolus in relatively small games (number of...
Persistent link: https://www.econbiz.de/10012226689
negative costs on edges and vertices. Among the properties studied are the nonemptiness of the core, characterization of … nonredundant core constraints, ease of computation of the core and the nucleolus, and cases of decomposition of the core and the …
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