Abstract

Omer Edhan of University of Manchester reviews, “Value Solutions in Cooperative Games” by Roger A. McCain. The Econlit abstract of this book begins: “Presents new concepts for cooperative game theory, with a particular focus on solutions that determine the distribution of a coalitional surplus among the members of the coalition. Discusses value solutions for superadditive transferable utility games in coalition function form; Zeuthen–Nash bargaining; nontransferable utility games and games in partition function form; a Shapley value algorithm for games in partition function form; extension of the nucleolus to nontransferable utility games in partition function form; a core imputation with variable bargaining power; bargaining power biform games; intertemporal cooperative games—a sketch of a theory; and a theory of enterprise. McCain is at Drexel University.”

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