 Selected Topics in Cooperative Game TheoryDemet Çetiner Chapter Chapter 4 in Fair Revenue Sharing Mechanisms for Strategic Passenger Airline Alliances, 2013, pp 43-72 from Springer Abstract: Abstract Cooperative game theory provides solutions for allocating the cost or payoff of a cooperation among its partners. The aim of this chapter is to present the theoretical basis of these solution concepts and review their applications to various allocation problems. After a brief introduction to game theory, cooperative games and their properties are described. For a game on hand, different solutions usually result in allocations having different properties. Section 4.5 discusses the major properties of payoff allocations. Thereafter, the well known solution concepts are presented. In this study, we develop nucleolus-based revenue shares for passenger airline alliances. Therefore, special focus is given to the solution concepts related to the nucleolus. Finally, a literature review on the applications of cooperative game theory and its solution concepts to various cost/payoff allocation problems is presented. Keywords: Cooperative Game; Solution Concept; Grand Coalition; Cost Allocation; Cooperative Game Theory (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:lnechp:978-3-642-35822-7_4 Ordering information: This item can be ordered from DOI: 10.1007/978-3-642-35822-7_4 Access Statistics for this chapter More chapters in Lecture Notes in Economics and Mathematical Systems from Springer |
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