Bachelor 2021/2022

Cooperative Games

Type: Elective course (Applied Mathematics and Information Science)

Area of studies: Applied Mathematics and Information Science

Delivered by: Department of Mathematics

Where: Faculty of Computer 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.