Sharing nonconvex costs (Q5959045)

From MaRDI portal
scientific article; zbMATH DE number 1722148
Language Label Description Also known as
English
Sharing nonconvex costs
scientific article; zbMATH DE number 1722148

    Statements

    Sharing nonconvex costs (English)
    0 references
    0 references
    0 references
    31 May 2003
    0 references
    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)].
    0 references
    cooperative games
    0 references
    production games
    0 references
    duality gap
    0 references
    core allocations
    0 references

    Identifiers