Enjoying cooperative games: The R package GameTheory

Sebastian Cano Berlanga, Giménez Gómez, José M. (José Manuel) and Misericòrdia Vilella Bach

Working Papers from Universitat Rovira i Virgili, Department of Economics

Abstract: This paper focuses on cooperative games with transferable utility. We propose the computation of two solutions, the Shapley value for n agents and the nucleolus with a maximum of four agents. The current approach is also focused on conflicting claims problems, a particular case of coalitional games. We provide the computation of the most well-known and used claims solutions: the proportional, the constrained equal awards, the constrained equal losses, the Talmud and the random arrival rules. Keywords: Cooperative game, Shapley value, nucleolus, claims problem, claims rule, bankruptcy.

Keywords: Jocs cooperatius; 33 - Economia (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-gth
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:urv:wpaper:2072/247653

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