Introduction to the Theory of Cooperative Games [Paperback]

This book systematically presents the main solutions of cooperative games: the core, bargaining set, kernel, nucleolus, and the Shapley value of TU games as well as the core, the Shapley value, and the ordinal bargaining set of NTU games. The authors devote a separate chapter to each solution, wherein they study its properties in full detail. In addition, important variants are defined or even intensively analyzed.

TU Games.- Coalitional TU Games and Solutions.- The Core.- Bargaining Sets.- The Prekernel, Kernel, and Nucleolus.- The Prenucleolus.- Geometric Properties of the ?-Core, Kernel, and Prekernel.- The Shapley Value.- Continuity Properties of Solutions.- Dynamic Bargaining Procedures for the Kernel and the Bargaining Set.- NTU Games.- Cooperative Games in Strategic and Coalitional Form.- The Core of NTU Games.- The Shapley NTU Value and the Harsanyi Solution.- The Consistent Shapley Value.- On the Classical Bargaining Set and the Mas-Colell Bargaining Set for NTU Games.- Variants of the Davis-Maschler Bargaining Set for NTU Games.

This book systematically presents the main solutions of cooperative games: the core, bargaining set, kernel, nucleolus, and the Shapley value of TU games, and the core, the Shapley value, and the ordinal bargaining set of NTU games. To each solution the authors devote a separate chapter wherein they study its properties in full detail. Moreover, important variants are defined or even intensively analyzed. The authors also investigate in separate chapters continuity, dynamics, and geometric properties of solutions of TU games. The study culminates in uniform and coherent axiomatizations of all the foregoing solutions (excluding the bargaining set). Such axiomatizations have not appeared in any book. Moreover, the book contains a detailed analysis of the main results on cooperative games without side payments. Such analysis is very limited or non-existent in other books on game theory.

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