Global games (Q1179440)
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scientific article
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Global games |
scientific article |
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Global games (English)
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26 June 1992
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Global games are coalition games described by real valued functions over complete coalition structures where the payoffs are represented by a common (usually not distributable) profit for all players, e.g. the environmental improvement, medical care system etc. Such games are analyzed by means of a generalized concept of lattice functions. The Shapley value and core of such games are described and analyzed.
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public welfare
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Global games
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coalition games
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Shapley value
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core
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