This article describes the basic elements of the cooperative approach to game theory, one of the two counterparts of the discipline. After the presentation of some basic definitions, the focus will be on the core and the Shapley value, two of the most central solution concepts in cooperative game theory. JEL classification: C7.

groundwater is one of the common resources in varamin plain, but due to over extraction it has been exposed to ruin. this phenomenon will lead to economic and environmental problems. on the other hand, the world is expected to face with more stochastic events of water supply. furthermore, incorporating stochastic consideration of water supply becomes more acute in designing water facilities. th...

A coupling game is a new model for partly cooperative and partly non-cooperative games. This paper describes benefits that result when coupling rational cooperation, under some situations, is increased. We prove that if a coupling game is strictly rational and partly cooperative, the higher the coupling factors, the larger the social payoff, which is the sum of the payoffs of all players. Other...

We consider a non-cooperative coalitional bargaining game with random proposers to bridge a gap between non-cooperative game theory and cooperative game theory. Theoretical results include the existence of a stationary subgame perfect equilibrium (SSPE) and the characterization of the grand-coalition SSPE as a generalized Nash bargaining solution, provided that it lies in the core. We also prov...

This survey paper examines the problem of achieving global cooperation to reduce greenhouse gas emissions. Contributions to this problem are reviewed from non-cooperative game theory, cooperative game theory, and implementation theory. Solutions to games where players have a continuous choice about how much to pollute, games where players make decisions about treaty participation, and games whe...

We prove the non-emptiness of the core of an NTU game satisfying a condition of payoff-dependent balancedness, based on transfer rate mappings. We also define a new equilibrium condition on transfer rates and we prove the existence of core payoff vectors satisfying this condition. The additional requirement of transfer rate equilibrium refines the core concept and allows the selection of specif...

game theory is an approach based on mathematics to study social interactions and modeling strategic situations. this theory focuses on decision situations where preferences of decision makers are disputed. existence of strategic position in city also with a conflict of interest or competition makes using game theory to describe the urban management issues, attractive. one of the important contr...