Abstract
The paper analyzes cooperative games with side payments. Each player faces a possibly non-convex optimization problem, interpreted as production planning, constrained by his resources or technology. Coalitions can aggregate (or pool) members' contributions. We discuss instances where such aggregation eliminates or reduces the lack of convexity. Core solutions are computed or approximated via dual programs associated to the grand coalition.
Original language | English |
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Pages (from-to) | 257-271 |
Number of pages | 14 |
Journal | Journal of Global Optimization |
Volume | 20 |
Issue number | 3-4 |
DOIs | |
Publication status | Published - Aug 2001 |
Keywords
- Cooperative games
- Core allocations
- Duality gap
- Lack of convexity
- Production games