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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Partition Function Form Games: Coalitional Games with Externalities

Partition Function Form Games: Coalitional Games with Externalities

Kóczy, László Á.

Paperback

Series: Theory and Decision Library C, Book 48

Business GeneralEconomicsGeneral Mathematics

ISBN10: 3030099148
ISBN13: 9783030099145
Publisher: Springer Nature
Published: Feb 2 2019
Pages: 312
Weight: 1.04
Height: 0.70 Width: 6.14 Depth: 9.21
Language: English
This book presents a systematic overview on partition function form games: a game form in cooperative game theory to integrate externalities for various applications. Cooperative game theory has been immensely useful to study a wide range of issues, but the standard approaches ignore the side effects of cooperation. Recently interest shifted to problems where externalities play the main roles such as models of cooperation in market competition or the shared use of public resources. Such problems require richer models that can explicitly evaluate the side-effects of cooperation. In partition function form games the value of cooperation depends on the outsiders' actions. A recent surge of interest driven by applications has made results very fragmented. This book offers an accessible, yet comprehensive and systematic study of properties, solutions and applications of partition function games surveying both theoretical results and their applications. It assembles a survey of existing research and smaller original results as well as original interpretations and comparisons. The book is self-contained and accessible for readers with little or no knowledge of cooperative game theory.

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