- 03 Mar 2017
- Working Paper Summaries
Cooperative Strategic Games
The authors examine a solution concept for strategic games. In applications, this concept provides an a-priori assessment of the monetary worth of each player’s position; the assessment reflects the player’s contribution to the total payoff as well as the player’s ability to inflict losses on other players.
- 20 Apr 2015
- Research & Ideas
The 5 Strategy Rules of Bill Gates, Andy Grove, and Steve Jobs
David Yoffie and Michael Cusumano find common leadership lessons from the tech titans of Microsoft, Intel, and Apple in the new book, Strategy Rules. Open for comment; 0 Comments.
Games of Threats
The Shapley value is the most widely studied solution concept of cooperative game theory, with applications to cost allocation, fair division, voting, etc. It is defined on coalitional games, which are the standards objects of the theory. The authors extend the Shapley value solution beyond coalitional games to “games of threats,” which arise in applications that combine competitive and cooperative considerations.