A general framework for cooperation under uncertainty

U. Özen, H.W. Norde, M. Slikker

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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 cooperative games associated with these situations are totally balanced and, hence, have non-empty cores. Finally, we consider several example situations, which can be studied using this general framework.
Original languageEnglish
Place of PublicationEindhoven
PublisherTechnische Universiteit Eindhoven
Number of pages12
ISBN (Print)978-90-386-1114-3
Publication statusPublished - 2007

Publication series

NameBETA publicatie : working papers
Volume226
ISSN (Print)1386-9213

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