This work deals with subsidy transfer from a manufacturer to a retailer through the distributor in cooperative advertising. While the retailer engages in local advertising, the manufacturer indirectly participates in retail advertising using advertising subsidy which is given to the distributor, who in turn transfers it to the retailer. The manufacturer is the Stackelberg game leader; the distr...

A certain trade of the information about a technological innovation between the initial owner of the information and n identical producers is studied by means of a cooperative game theoretic approach. The information trading situation is modelled as a cooperative (n + 1)-person game with side payments. The symmetrical strong e-cores (including the core), the nucleolus and the kernel of the coop...

The Shapley value, one of the most widespread concepts in Operations Research applications of cooperative game theory, was defined and axiomatically characterized in different game-theoretic models. Recently much research work has been done in order to extend OR models and methods, in particular cooperative game theory, for situations with interval data. This paper focuses on the Shapley value ...

Abstract The optimal management of scarce transboundary water resources among competitive users is expected to be challenged by the effects climate change on availability. multiple economic and social implications, including conflicts between neighbouring countries, as well sectors within each country are difficult estimate predict, inform policy-making. In this paper, problem approached a stoc...

Game theory is not only useful to understand the performance of human and autonomous game players, but it is also widely employed to solve resource allocation problems in distributed decision making systems. These distributed systems are mostly referred to as multi-agent systems. Reinforcement learning is a promising technique for learning agents to adapt their own strategies in such systems. M...

This paper investigates three models to implement Tradable Green Certificates (TGC) system with aid of game theory approach. In particular, the competition between thermal and renewable power plants is formulated in three models: namely cooperative, Nash and Stackelberg game models. The price of TGC is assumed to be determined by the legislative body (government) which is fixed. Numerical examp...

Norms of reciprocity help enforce cooperative agreements in bilateral sequential exchange. We examine the norms that apply in a reciprocal-exchange economy. In our one-shot investment game in a Nairobi slum, people adhered to the norm of “balanced reciprocity,” which obligates quid-pro-quo returns for any level of trust. The norm is gendered, with people more likely to comply when confronted wi...

The existence of malicious secondary users will bring damage to the performance of cooperative spectrum sensing and spectrum access in cognitive radio networks, so effectively curbing malicious behavior of secondary users become the key to success for cooperative spectrum sensing mechanism. Inspired by economics of repeated game theory, a trust game model and algorithm of distributed cooperativ...

Recent work in game theory has demonstrated how cooperative outcomes can be sustained when the game is played repeatedly, defectors are punished, but agents play non-cooperatively. This methodology is applied here to determine when two countries can sustain freer trade given that they determine trade policies non-cooperatively. We focus on the role of asynunetric information. Countries have pri...