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Dynamic shapley value and dynamic Nash bargaining
Date Issued
2018
Publisher
New York: Nova Science Publishers
ISBN
9781536145496
Citation
Yeung, W. K. D. & Petrosyan, L. A. (2018). Dynamic shapley value and dynamic Nash bargaining. New York: Nova Science Publishers.
Description
238 pages
This book is an important and innovative addition to textbooks in game theory. It provides a detailed discourse on the extension of two of the world’s most prominent cooperative game solutions – the seminal Shapley value in games with transferrable payoffs and the classic Nash bargaining scheme in games with non-transferrable payoffs – to a dynamic framework. The extension of these two classic cooperative solution concepts into a dynamic setting is not just of theoretical interest, but also allows many real-life cooperation situations – like global environmental management, nuclear disarmament, disease control, trade disputes and political unions – to be analyzed in an effective way.
This book is an important and innovative addition to textbooks in game theory. It provides a detailed discourse on the extension of two of the world’s most prominent cooperative game solutions – the seminal Shapley value in games with transferrable payoffs and the classic Nash bargaining scheme in games with non-transferrable payoffs – to a dynamic framework. The extension of these two classic cooperative solution concepts into a dynamic setting is not just of theoretical interest, but also allows many real-life cooperation situations – like global environmental management, nuclear disarmament, disease control, trade disputes and political unions – to be analyzed in an effective way.
Type
Book
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