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...

We study cooperation between a group of companies, who keep spare parts to maintain their expensive equipments, by pooling their inventory. To establish a stable cooperation, the cost of running the pooled inventory should be allocated between the participating members in a fair fashion. To...