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arXiv · 2402.05891

On benefits of cooperation under strategic power

M. Gloria Fiestras-Janeiro·Ignacio García-Jurado·Ana Meca·Manuel A. Mosquera
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Abstract

We introduce a new model involving TU-games and exogenous structures. Specifically, we consider that each player in a population can choose an element in a strategy set and that, for every possible strategy profile, a TU-game is associated with the population. This is what we call a TU-game with strategies. We propose and characterize the maxmin procedure to map every game with strategies to a TU-game. We also study whether or not the relevant properties of TU-games are transmitted by applying the maxmin procedure. Finally, we examine two relevant classes of TU-games with strategies: airport and simple games with strategies.

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M. Gloria Fiestras-Janeiro, Ignacio García-Jurado, Ana Meca, Manuel A. Mosquera. 2024-02-08. On benefits of cooperation under strategic power. https://doi.org/10.1007/s10479-019-03495-6

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