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Regular version of the site
Bachelor 2021/2022

Cooperative Games

Category 'Best Course for New Knowledge and Skills'
Area of studies: Applied Mathematics and Information Science
When: 4 year, 3 module
Mode of studies: offline
Open to: students of one campus
Instructors: Emre Dogan
Language: English
ECTS credits: 4
Contact hours: 46

Course Syllabus

Abstract

Cooperative game theory is the essential and chronologically original component of modern game theory. Its key idea is to study conflicts by analyzing the abilities of possible player coalitions, disregarding the exact mechanics of coalition formation, intra-coalition bargaining and player strategic actions. This provides robust and strict approach to studying games where exact non-cooperative formalization via strategies and payoffs is too complex, unconvincing or problematic in some other way. Classical and by-far most famous application of this approach is market exchange model in general equilibrium economics.