Economics, Econometrics and Finance
2 years ago

New study reveals key to fair distribution in cooperative games!

Cambridge University Press eBooks
The Core, Shapley Value and Weber Set
Satya R. Chakravarty, Manipushpak Mitra, Palash Sarkar

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Cooperative game theory helps people work together to achieve the best outcomes, even when their interests don't always align. The book discusses different ways to solve these games, focusing on both transferable and non-transferable utility games. It also provides clear proofs and mathematical techniques to help solve problems in game theory.