Maximizing benefits in cooperative games leads to strategic alliances for success.
Cooperative game theory studies situations where players work together to achieve maximum benefit, but also have conflicting interests when it comes to dividing the rewards. The focus is on making agreements to maximize gains while considering individual goals. The book mainly discusses games where benefits can be transferred between players, with a brief look at games where benefits cannot be transferred. Different ways to solve cooperative game problems are explored in the first nine chapters, followed by discussions on how to compute these solutions in the next four chapters. The book provides clear proofs for all results and uses mathematical techniques to show how to apply math to solve game theory problems.