Quantitative game theory applied to economic problems

Sebastián Cano-Berlanga, José Manuel Giménez-Gómez, Cori Vilella

Research output: Chapter in BookChapterResearchpeer-review

Abstract

© 2019 Elsevier B.V. The main purpose of the present chapter is to introduce the reader to game theory through R. Specifically, it focuses on cooperative games with transferable utility and it introduces well-known punctual solutions, the voting power index and the claims problems. Furthermore, we introduce a modern application of cooperative game theory to the marketing field, where we develop a framework to distribute revenues among Internet selling channels. For the sake of comprehensiveness, after theoretical explanation, the reader may find the R code to execute the examples.
Original languageEnglish
Title of host publicationHandbook of Statistics
Pages281-307
Number of pages26
Volume41
DOIs
Publication statusPublished - 1 Jan 2019

Keywords

  • Attribution model
  • Bankruptcy
  • Claims problem
  • Cooperative game
  • Nucleolus
  • R package game theory
  • Shapley value

Fingerprint Dive into the research topics of 'Quantitative game theory applied to economic problems'. Together they form a unique fingerprint.

Cite this