Sharing nonconvex costs (Q5959045)
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scientific article; zbMATH DE number 1722148
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English | Sharing nonconvex costs |
scientific article; zbMATH DE number 1722148 |
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Sharing nonconvex costs (English)
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31 May 2003
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In economic models convexity plays an important role in establishing the existence of solutions. Therefore it is of importance to develop techniques for accommodating nonconvexity. In this paper the authors consider cooperative games with side payments. Each player faces a possibly non-convex optimization problem, interpreted as production planning, constrained by resources or technology. Core solutions are computed or approximated via dual programs associated to the grand coalition. See also the articles by \textit{J. P. Aubin} and \textit{I. Ekeland} [Math. Oper. Res. 1, 225--245 (1976; Zbl 0366.90102)] and \textit{G. Owen} [Math. Prog. 9, 358-370 (1975; Zbl 0318.90060)].
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cooperative games
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production games
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duality gap
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core allocations
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