Publication:
Cooperative Game Theory and its Application to Natural, Environmental, and Water Resource Issues : 1. Basic Theory

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dc.contributor.authorPatrone, Fioravante
dc.contributor.authorZara, Stefano
dc.contributor.authorParrachino, Irene
dc.date.accessioned2012-06-22T20:05:52Z
dc.date.available2012-06-22T20:05:52Z
dc.date.issued2006-11
dc.description.abstractGame theory provides useful insights into the way parties that share a scarce resource may plan their use of the resource under different situations. This review provides a brief and self-contained introduction to the theory of cooperative games. It can be used to get acquainted with the basics of cooperative games. Its goal is also to provide a basic introduction to this theory, in connection with a couple of surveys that analyze its use in the context of environmental problems and models. The main models (bargaining games, transfer utility, and non-transfer utility games) and issues and solutions are considered: bargaining solutions, single-value solutions like the Shapley value and the nucleolus, and multi-value solutions such as the core. The cooperative game theory (CGT) models that are reviewed in this paper favor solutions that include all possible players and ignore the strategic stages leading to coalition building. They focus on the possible results of the cooperation by answering questions such as: Which coalitions can be formed? And how can the coalitional gains be divided to secure a sustainable agreement? An important aspect associated with the solution concepts of CGT is the equitable and fair sharing of the cooperation gains.en
dc.identifierhttp://documents.worldbank.org/curated/en/2006/11/7216745/cooperative-game-theory-application-natural-environmental-water-resource-issues-1-basic-theory
dc.identifier.urihttps://hdl.handle.net/10986/8852
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 4072
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAGENTS
dc.subjectBOUNDARY
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectECONOMICS
dc.subjectECONOMICS RESEARCH
dc.subjectENVIRONMENTAL
dc.subjectENVIRONMENTAL AMENITIES
dc.subjectENVIRONMENTAL ISSUES
dc.subjectENVIRONMENTAL PROBLEMS
dc.subjectENVIRONMENTAL RESOURCES
dc.subjectEXPECTED VALUE
dc.subjectEXTERNALITIES
dc.subjectFISHERY MANAGEMENT
dc.subjectGAME
dc.subjectGAME THEORY
dc.subjectIDEA
dc.subjectIDEAS
dc.subjectINSIGHTS
dc.subjectLEADING
dc.subjectMATHEMATICAL MODELS
dc.subjectNATURAL RESOURCES
dc.subjectSAVINGS
dc.subjectSIDE PAYMENTS
dc.subjectUTILITY FUNCTION
dc.subjectUTILITY FUNCTIONS
dc.subjectVOTERS
dc.titleCooperative Game Theory and its Application to Natural, Environmental, and Water Resource Issues : 1. Basic Theoryen
dspace.entity.typePublication
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2006/11/7216745/cooperative-game-theory-application-natural-environmental-water-resource-issues-1-basic-theory
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeAgriculture
okr.globalpracticeEducation
okr.globalpracticeEnvironment and Natural Resources
okr.guid540621468141268429
okr.identifier.doi10.1596/1813-9450-4072
okr.identifier.externaldocumentum000016406_20061121153559
okr.identifier.internaldocumentum7216745
okr.identifier.reportWPS4072
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/11/21/000016406_20061121153559/Rendered/PDF/wps4072.pdfen
okr.topicEconomic Theory and Research
okr.topicEnvironmental Economics and Policies
okr.topicEducation::Education for the Knowledge Economy
okr.topicEducation for Development (superceded)
okr.topicLivestock and Animal Husbandry
okr.topicEnvironment
okr.topicMacroeconomics and Economic Growth
okr.topicAgriculture
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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