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A Nucleolus for Stochastic Cooperative Games
Suijs,J.P.M.
Suijs,J.P.M.
Abstract
This paper extends the definition of the nucleolus to stochastic cooperative games, that is, to cooperative games with random payoffs to the coalitions. It is shown that the nucleolus is nonempty and that it belongs to the core whenever the core is nonempty. Furthermore, it is shown for a particular class of stochastic cooperative games that the nucleolus can be determined by calculating the traditional nucleolus introduced by Schmeidler (1969) of a specific deterministic cooperative game.
Description
Pagination: 34
Date
1996
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Publisher
CentER Accounting Research Group
Files
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90.pdf
Adobe PDF, 539.13 KB
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Keywords
Nucleolus, cooperative game theory, random variables, preferences
Citation
Suijs, J P M 1996 'A Nucleolus for Stochastic Cooperative Games' CentER Discussion Paper, vol. 1996-90, CentER Accounting Research Group, Tilburg.
License
info:eu-repo/semantics/restrictedAccess
