Core, least core and nucleolus for multiple scenario cooperative games

Core, least core and nucleolus for multiple scenario cooperative games

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Article ID: iaor20061789
Country: Netherlands
Volume: 164
Issue: 1
Start Page Number: 225
End Page Number: 238
Publication Date: Jul 2005
Journal: European Journal of Operational Research
Authors: , ,
Abstract:

Multiple scenario cooperative games model situations where the worth of the coalitions is valued in different scenarios simultaneously or under different states of nature. In this paper we analyze solution concepts for this class of games keeping the multidimensional nature of the characteristic function. We obtain extensions of the notions of core, least core and nucleolus, and explore the relationship among these solution concepts.

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