by Satya R. Chakravarty,Manipushpak Mitra,Palash Sarkar
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Book Summary
Cooperative game theory deals with situations where objectives of participants
of the game are partially cooperative and partially conflicting. It is in the
interest of participants to cooperate in the sense of making binding agreements
to achieve the maximum possible benefit. When it comes to distribution of
benefit/payoffs, participants have conflicting interests. Such situations are
usually modelled as cooperative games. While the book mainly discusses
transferable utility games, there is also a brief analysis of non-transferable
utility games. Alternative solution concepts to cooperative game theoretic
problems are presented in chapters 1-9 and the next four chapters present issues
related to computations of solutions discussed in the earlier chapters.
Cooperative game theory deals with situations where objectives of participants
of the game are partially cooperative and partially conflicting. It is in the
interest of participants to cooperate in the sense of making binding agreements
to achieve the maximum possible benefit. When it comes to distribution of
benefit/payoffs, participants have conflicting interests. Such situations are
usually modelled as cooperative games. While the book mainly discusses
transferable utility games, there is also a brief analysis of non-transferable
utility games. Alternative solution concepts to cooperative game theoretic
problems are presented in chapters 1-9 and the next four chapters present issues
related to computations of solutions discussed in the earlier chapters.