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takes its values from a finite set, and uncertainty is modeled as a probability distribution over this set. First, we … uncertainty when the inputs are rational workers supplying labor in a non-cooperative production game in which payoffs are given … strategy Nash equilibrium. We present several applications of our theory to real-life situations …
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Recently, applications of cooperative game theory to economic allocation problems have gained popularity. In many of …
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We use the Shapley value and the nucleolus to analyze the impact of three controversial pipeline projects on the power structure in the Eurasian trade of natural gas. Two pipelines, `Nord Stream' and `South Stream', allow Russian gas to bypass transit countries, Ukraine and Belarus. The third...
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