Cooperative Decision-Making Under Risk

preview-18
  • Cooperative Decision-Making Under Risk Book Detail

  • Author : Jeroen Suijs
  • Release Date : 2012-12-06
  • Publisher : Springer Science & Business Media
  • Genre : Business & Economics
  • Pages : 145
  • ISBN 13 : 1461546370
  • File Size : 47,47 MB

Cooperative Decision-Making Under Risk by Jeroen Suijs PDF Summary

Book Description: In cooperative games, one generally assumes that the agents know exactly the joint (monetary) gains that can be achieved by any possible coalition of cooperating agents. In reality, however, only little is known with certainty. This does not necessarily imply that traditional cooperative game theory cannot be applied in practical situations, for in various cases knowledge of the expected gains suffices. In many other cases, however, it is just the sharing of risk that is beneficial. Joint ventures, for instance, exist since cooperation reduces the risk of the investment for the individual parties. Since the existing models fail to incorporate such risks, they are not suitable for analyzing cooperative decision-making under risk. This book aims to rectify this deficiency by discussing a model of cooperative games with random payoffs.

Disclaimer: www.yourbookbest.com does not own Cooperative Decision-Making Under Risk books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Cooperative Decision-Making Under Risk

Cooperative Decision-Making Under Risk

File Size : 12,12 MB
Total View : 1543 Views
DOWNLOAD

In cooperative games, one generally assumes that the agents know exactly the joint (monetary) gains that can be achieved by any possible coalition of cooperatin

The Future of Multi-Pillar Pensions

The Future of Multi-Pillar Pensions

File Size : 2,2 MB
Total View : 1450 Views
DOWNLOAD

Pension systems are under serious pressure worldwide. This pressure stems not only from the well-known trend of population aging, but also from those of increas