Cooperative Decision-Making Under Risk

Name: Cooperative Decision-Making Under Risk
Brand: Springer
SKU: 9780792386605
Price: 2567 CZK
Availability: InStock

Autor: Jeroen Suijs

Jazyk:

Vazba: Pevná

Vydavatel: Springer

Dostupnost: Skladem u dodavatele v malém množství

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2 567 Kč

In cooperative games, one generally assumes that the agents know exactly the joint (monetary) gains...

Informace o knize

Autor

Jeroen Suijs

Jazyk

Angličtina

Vazba

Kniha - Pevná

Vydáno

1999

Stránek

140

EAN

9780792386605

ISBN

0792386604

Enbook ID

01397746

Vydavatel

Springer

Hmotnost

880

Rozměry

155 x 235 x 11

Kompletní popis

In cooperative games, one generally assumes that the agents know exactly the joint (monetary) gains that can be achieved by any possible coalition of cooperating agents. In reality, however, only little is known with certainty. This does not necessarily imply that traditional cooperative game theory cannot be applied in practical situations, for in various cases knowledge of the expected gains suffices. In many other cases, however, it is just the sharing of risk that is beneficial. Joint ventures, for instance, exist since cooperation reduces the risk of the investment for the individual parties. Since the existing models fail to incorporate such risks, they are not suitable for analyzing cooperative decision-making under risk. This book aims to rectify this deficiency by discussing a model of cooperative games with random payoffs.

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Cooperative Decision-Making Under Risk

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