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The Pre-Kernel as a Tractable Solution for Cooperative Games - An Exercise in Algorithmic Game Theory (Paperback, Softcover reprint of the original 1st ed. 2014) Loot Price: R2,266
Discovery Miles 22 660
The Pre-Kernel as a Tractable Solution for Cooperative Games - An Exercise in Algorithmic Game Theory (Paperback, Softcover...

The Pre-Kernel as a Tractable Solution for Cooperative Games - An Exercise in Algorithmic Game Theory (Paperback, Softcover reprint of the original 1st ed. 2014)

Holger Ingmar Meinhardt

Series: Theory and Decision Library C, 45

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Loot Price R2,266 Discovery Miles 22 660 | Repayment Terms: R212 pm x 12*

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This present book provides an alternative approach to study the pre-kernel solution of transferable utility games based on a generalized conjugation theory from convex analysis. Although the pre-kernel solution possesses an appealing axiomatic foundation that lets one consider this solution concept as a standard of fairness, the pre-kernel and its related solutions are regarded as obscure and too technically complex to be treated as a real alternative to the Shapley value. Comprehensible and efficient computability is widely regarded as a desirable feature to qualify a solution concept apart from its axiomatic foundation as a standard of fairness. We review and then improve an approach to compute the pre-kernel of a cooperative game by the indirect function. The indirect function is known as the Fenchel-Moreau conjugation of the characteristic function. Extending the approach with the indirect function, we are able to characterize the pre-kernel of the grand coalition simply by the solution sets of a family of quadratic objective functions.

General

Imprint: Springer-Verlag
Country of origin: Germany
Series: Theory and Decision Library C, 45
Release date: September 2016
First published: 2014
Authors: Holger Ingmar Meinhardt
Dimensions: 235 x 155 x 15mm (L x W x T)
Format: Paperback
Pages: 242
Edition: Softcover reprint of the original 1st ed. 2014
ISBN-13: 978-3-662-51314-9
Categories: Books > Computing & IT > General
Books > Business & Economics > Economics > Economic theory & philosophy
Books > Science & Mathematics > Mathematics > Optimization > Game theory
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LSN: 3-662-51314-5
Barcode: 9783662513149

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