EconPapers    
Economics at your fingertips  
 

Enjoying cooperative games: The R package GameTheory

Cano-Berlanga, Sebastián, Giménez-Gómez, José-Manuel and Cori Vilella

Applied Mathematics and Computation, 2017, vol. 305, issue C, 381-393

Abstract: This paper focuses on cooperative games with transferable utility. We propose the computation of three solutions, the Shapley value for n agents, the nucleolus with a maximum of four agents and the per capita nucleolus. 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, the random arrival and the adjusted proportional rules.

Keywords: Cooperative game; Shapley value; Nucleolus; Claims problem; Bankruptcy (search for similar items in EconPapers)
JEL-codes: C71 D63 D71 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0096300317301145
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:apmaco:v:305:y:2017:i:c:p:381-393

Access Statistics for this article

Applied Mathematics and Computation is currently edited by Theodore Simos

More articles in Applied Mathematics and Computation from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2019-01-19
Handle: RePEc:eee:apmaco:v:305:y:2017:i:c:p:381-393