Year: 1991
Type: article
Abstract: This survey paper presents the basic concepts of cooperative game theory, at an elementary level. Five examples, including three insurance applications, are progressively developed throughout the paper. The characteristic function, the core, the stable sets, the Shapley value, the Nash and Kalai-Smorodinsky solutions are defined and computed for the different examples.
Source: Astin Bulletin
Author: Jean Lemaire
Institution: University of Pennsylvania
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W1992586972