Article ID: | iaor20102956 |
Volume: | 37 |
Issue: | 3 |
Start Page Number: | 148 |
End Page Number: | 154 |
Publication Date: | May 2009 |
Journal: | Operations Research Letters |
Authors: | Norde Henk, Slikker Marco, zen Ula |
Keywords: | programming: probabilistic, game theory |
In this paper, we introduce a general framework for situations with decision making under uncertainty and cooperation possibilities. This framework is based upon a two stage stochastic programming approach. We show that under relatively mild assumptions the associated cooperative games are totally balanced. Finally, we consider several example situations.