Business Economics and Public Policy Papers

Document Type

Journal Article

Date of this Version

4-1991

Publication Source

ASTIN Bulletin: The Journal of the IAA

Volume

21

Issue

1

Start Page

17

Last Page

40

DOI

10.2143/AST.21.1.2005399

Abstract

This survey paper presents the basic concepts of cooperative game theory, at an elementary level. Five examples, including three insurance applications, are progressively developed throughout the paper. The characteristic function, the core, the stable sets, the Shapley value, the Nash and Kalai-Smorodinsky solutions are defined and computed for the different examples.

Copyright/Permission Statement

This article has been published in a revised form in ASTIN Bulletin: The Journal of the IAA http://dx.doi.org/10.2143/AST.21.1.2005399. This version is free to view and download for private research and study only. Not for re-distribution, re-sale or use in derivative works. © Cambridge University Press.

Share

COinS
 

Date Posted: 27 November 2017

This document has been peer reviewed.