The Geometry of Solution Concepts for N-Person Cooperative Games

Published Online:https://doi.org/10.1287/mnsc.20.9.1292

The closed convex polyhedron consisting of all 0-1 normal n-person games with nonempty core is characterized by naming its extreme points. This characterization establishes a geometric setting, in the game space itself, for such solution concepts as the core and the nucleolus. This geometric setting also suggests new solution concepts. A similar geometric setting is also established for the Shapley value, and core and nucleolus solution concepts can be defined in this geometric setting.

INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.