Imputation (game theory)

In fully cooperative games players will opt to form coalitions when the value of the payoff is equal to or greater than if they were to work alone.[1] The focus of the game is to find acceptable distributions of the payoff of the grand coalition. Distributions where a player receives less than it could obtain on its own, without cooperating with anyone else, are unacceptable - a condition known as individual rationality. Imputations are distributions that are efficient and are individually rational.

  1. ^ "game theory | Definition, Facts, & Examples". Encyclopedia Britannica. Retrieved 2021-04-25.