In this paper, we deal with games with fuzzy payoffs. We proved that players who are playing a zero-sum game with fuzzy payoffs against Nature are able to increase their joint payoff, and hence their individual payoffs by cooperating. It is shown that, a cooperative game with the fuzzy characteristic function can be constructed via the optimal game values of the zero-sum games with fuzzy payoff...

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 ...

Game Theory pioneers J. von Neumann and O. Morgenstern gave most of their attention to the cooperative side of the subject. But cooperative game theory has had relatively little effect on economics. In this essay, I suggest why that might be and what is needed for cooperative theory to become more relevant to economics. Cooperative game theory is the part of game theory that pertains when playe...

Game theory has become an essential tool in the analysis of supply chains with multiple agents, often with conflicting objectives. This chapter surveys the applications of game theory to supply chain analysis and outlines game-theoretic concepts that have potential for future application. We discuss both non-cooperative and cooperative game theory in static and dynamic settings. Careful attenti...

PROFESSOR JEAN LEMAIRE: The two models I am going to present originate from game theory. They were devised as illustrations of game theoretical 'models to my operation research students. Game theory has not yet reached a point where it could be practically implemented in insurance companies. The first model I am going to describe is non-cooperative game theory. The second one uses utility theor...

Spectrum sharing in cognitive radio networks is essential to ensure effective communication between secondary users. Game theory is suitable to be applied to the spectrum sharing strategies since it considers strategic interactions between users. There are two types of games based on the ability to communicate between users: cooperative game and non-cooperative game. In this paper, the two spec...

This paper defends the use of non-cooperative game theory for analysing questions governance. To do so it posits a way extending resource account social power from cooperative games to noncooperative in that side steps range criticism. involves identifying tipping points reputations certain agents paying and punishing those their thrall. These are what give threats offers credibility absence en...