Please use this identifier to cite or link to this item: http://hdl.handle.net/20.500.11861/6401
Title: An equilibrium cooperative optimization solution for two-person non-transferable utility games
Authors: Prof. YEUNG Wing Kay, David 
Issue Date: 2017
Source: Applied Mathematical Sciences, 2017, vol. 11(29), pp. 1413-1422.
Journal: Applied Mathematical Sciences 
Abstract: In this paper, we provide an equilibrium cooperative optimization solution to two-person cooperative games in which the payoffs or utility are non-transferable. In particular, a strategic scheme is designed to determine the cooperative weight for joint optimization leading to the equilibrium point on the Pareto optimal frontier. A cooperative optimization solution with a non-cooperative game theoretic foundation is obtained. It is significantly different from existing cooperative solutions like the Nash bargaining solution, the Kalai proportional bargaining solution the Kalai-Smorodinsky bargaining solution
Type: Peer Reviewed Journal Article
URI: http://hdl.handle.net/20.500.11861/6401
ISSN: 1314-7552
1312-885X
DOI: 10.12988/ams.2017.7115
Appears in Collections:Economics and Finance - Publication

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