Production Games, Core Solutions, and Uncertainty

M. Sandsmark

Norway; Department of Economics, University of Bergen from Department of Economics, University of Bergen

Abstract: A special class of cooperative transferable-utility games where each agent faces an optimization problem constrained by resources that can be pooled among coalition members, so-called production games, are here extended and applied in novel ways. First, I relax linearity requirements; second, I look at two-stage versions; third, unecrtainty is introduced via random events not known ex ante.

Keywords: PRODUCTION; UNCERTAINTY; TRANSPORTATION; GAMES (search for similar items in EconPapers)
JEL-codes: C71 (search for similar items in EconPapers)
Pages: 15 pages
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:fth:bereco:0398

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