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Cooperative Games

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Abstract

The title ‘cooperative games’ would be better termed games in coalitional form. The theory of games originally developed different conceptual forms, together with their associated solution concepts, namely, games in extensive form, in strategic form, and in coalitional form (von Neumann and Morgenstern 1944). The game in strategic form is sometimes referred to as the game in normal form, while that in coalitional form is also referred to as the game in characteristic form.

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Bibliography

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Shubik, M. (2018). Cooperative Games. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_568

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