Enjoying cooperative games: The R package GameTheory

Other authors

Universitat Rovira i Virgili. Departament d'Economia

Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública

Publication date

2015



Abstract

This paper focuses on cooperative games with transferable utility. We propose the computation of two solutions, the Shapley value for n agents and the nucleolus with a maximum of four agents. The current approach is also focused on conflicting claims problems, a particular case of coalitional games. We provide the computation of the most well-known and used claims solutions: the proportional, the constrained equal awards, the constrained equal losses, the Talmud and the random arrival rules. Keywords: Cooperative game, Shapley value, nucleolus, claims problem, claims rule, bankruptcy.

Document Type

Working document

Language

English

Pages

20 p.

Publisher

Universitat Rovira i Virgili. Departament d'Economia

Collection

Documents de treball del Departament d'Economia; 2015-06

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