In stochastic games, the player’s payoff is a variable. most papers, expected considered as payoff, which means risk neutrality of players. However, there may exist risk-sensitive players who would take into account “risk” measuring their payoffs. paper, we propose model games with mean-variance functions, sum expectation and standard deviation multiplied by coefficient characterizing attention...

Abstract A non-negative transferable utility (TU) game is average monotonic if there exists a vector according to which the relative worth not decreasing when enlarging coalition. We generalize this definition nontransferable (NTU) case. It shown that an NTU shares several properties with TU game. In particular it has special core element and population allocation scheme. show bankruptcy respec...