Cooperative game theory

This article is about game theory. For video gaming, see Cooperative video game. For the similar feature in some board games, see Cooperative board game.

In game theory, a cooperative game (or coalitional game) is a game with groups of players who form binding “coalitions” with external enforcement of cooperative behavior (e.g. through contract law). This is different from non-cooperative games in which there is either no possibility to forge alliances or all agreements need to be self-enforcing (e.g. through credible threats).[1]

Cooperative games are analysed by focusing on coalitions that can be formed, and the joint actions that groups can take and the resulting collective payoffs.[2][3]

  1. ^ Shor, Mike. "Non-Cooperative Game - Game Theory .net". www.gametheory.net. Retrieved 2016-09-15.
  2. ^ Chandrasekaran, R. "Cooperative Game Theory" (PDF).
  3. ^ Brandenburger, Adam. "Cooperative Game Theory: Characteristic Functions, Allocations, Marginal Contribution" (PDF). Archived from the original (PDF) on 2016-05-27.