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Cooperative Games with Stochastic Payoffs: Determanistic Equivalents
Suijs,J.P.M. ; Borm,P.E.M.
Suijs,J.P.M.
Borm,P.E.M.
Abstract
This paper focuses on the subclass of cooperative games with stochastic payoffs in which the preferences of the agents are such that a stochastic payoff can be represented by a deterministic equivalent.To each game within this class one can associate a game with deterministic payoffs.It is shown that the core of such a cooperative game with stochastic payoffs is nonempty if and only if the core of the associated game is nonempty.
Description
Pagination: 14
Date
1996
Journal Title
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Volume Title
Publisher
Operations research
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713.pdf
Adobe PDF, 213.08 KB
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Keywords
Preferences, Stochastic Processes, Cooperative Games
Citation
Suijs, J P M & Borm, P E M 1996, Cooperative Games with Stochastic Payoffs : Determanistic Equivalents. FEW Research Memorandum, vol. 713, vol. 713, Operations research, Tilburg.
License
info:eu-repo/semantics/restrictedAccess
