A general framework for cooperation under uncertainty

A general framework for cooperation under uncertainty

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Article ID: iaor20102956
Volume: 37
Issue: 3
Start Page Number: 148
End Page Number: 154
Publication Date: May 2009
Journal: Operations Research Letters
Authors: , ,
Keywords: programming: probabilistic, game theory
Abstract:

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.

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