Value Solutions In Cooperative Games, 1st Edition

  • Published By: World Scientific Publishing Company
  • ISBN-10: 9814417408
  • ISBN-13: 9789814417402
  • DDC: 519.3
  • Grade Level Range: College Freshman - College Senior
  • 236 Pages | eBook
  • Original Copyright 2013 | Published/Released December 2014
  • This publication's content originally published in print form: 2013

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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.

Table of Contents

Front Cover.
Half Title Page.
Title Page.
Copyright Page.
1: Value Solutions for Superadditive Transferable Utility Games in Coalition Function Form.
2: Zeuthen–Nash Bargaining.
3: Nontransferable Utility Games and Games in Partition Function Form.
4: A Shapley Value Algorithm for Games in Partition Function Form.
5: Extension of the Nucleolus to Nontransferable Utility Games in Partition Function Form.
6: A Core Imputation with Variable Bargaining Power.
7: Bargaining Power Biform Games.
8: Intertemporal Cooperative Games: A Sketch of a Theory.
9: A Theory of Enterprise.