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Value Solutions In Cooperative Games

Name: Value Solutions In Cooperative Games
Availability: in stock
Rating: 4.4 (46 reviews)
Author: Roger A Mccain
ISBN: 9789814417396

by Roger A Mccain

4.4

4.4 out of 5

Creators

Author Roger A Mccain

Publisher World Scientific Publishing Co Pte Ltd

Synopsis This book introduces new concepts for cooperative game theory, and particularly solutions that determine the distribution of a coalitional surplus among the members of the coalition. It also addresses several generalizations of cooperative game theory. Drawing on methods of welfare economics, new value solutions are derived for Non-Transferable Utility games with and without differences of bargaining power among the members of the coalition. Cooperation in intertemporal games is examined, and conditions that permit the reduction of these games to games in coalition function form are outlined. Biform games and games that combine non-cooperative search and matching of coalition members with cooperative solutions (i.e., efficient contracts) within the coalition are considered.

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Binding: Hardcover

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Specifications

Language: English
Publisher: World Scientific Publishing Co Pte Ltd
Pages: 236 pages
Binding: Hardcover

ISBN: 9789814417396
Category: Economics
Related Category: Commerce & Management