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

dc.contributor.author Patrone, Fioravante
dc.contributor.author Zara, Stefano
dc.contributor.author Parrachino, Irene
dc.date.accessioned 2012-06-22T20:05:52Z
dc.date.available 2012-06-22T20:05:52Z
dc.date.issued 2006-11
dc.description.abstract Game 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.identifier http://documents.worldbank.org/curated/en/2006/11/7216745/cooperative-game-theory-application-natural-environmental-water-resource-issues-1-basic-theory
dc.identifier.uri http://hdl.handle.net/10986/8852
dc.language English
dc.language.iso en_US
dc.publisher World Bank, Washington, DC
dc.relation.ispartofseries Policy Research Working Paper; No. 4072
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo/
dc.subject AGENTS
dc.subject BOUNDARY
dc.subject DEVELOPMENT ECONOMICS
dc.subject ECONOMICS
dc.subject ECONOMICS RESEARCH
dc.subject ENVIRONMENTAL
dc.subject ENVIRONMENTAL AMENITIES
dc.subject ENVIRONMENTAL ISSUES
dc.subject ENVIRONMENTAL PROBLEMS
dc.subject ENVIRONMENTAL RESOURCES
dc.subject EXPECTED VALUE
dc.subject EXTERNALITIES
dc.subject FISHERY MANAGEMENT
dc.subject GAME
dc.subject GAME THEORY
dc.subject IDEA
dc.subject IDEAS
dc.subject INSIGHTS
dc.subject LEADING
dc.subject MATHEMATICAL MODELS
dc.subject NATURAL RESOURCES
dc.subject SAVINGS
dc.subject SIDE PAYMENTS
dc.subject UTILITY FUNCTION
dc.subject UTILITY FUNCTIONS
dc.subject VOTERS
dc.title Cooperative Game Theory and its Application to Natural, Environmental, and Water Resource Issues : 1. Basic Theory en
dspace.entity.type Publication
okr.doctype Publications & Research :: Policy Research Working Paper
okr.doctype Publications & Research
okr.docurl http://documents.worldbank.org/curated/en/2006/11/7216745/cooperative-game-theory-application-natural-environmental-water-resource-issues-1-basic-theory
okr.globalpractice Macroeconomics and Fiscal Management
okr.globalpractice Agriculture
okr.globalpractice Education
okr.globalpractice Environment and Natural Resources
okr.identifier.doi 10.1596/1813-9450-4072
okr.identifier.externaldocumentum 000016406_20061121153559
okr.identifier.internaldocumentum 7216745
okr.identifier.report WPS4072
okr.language.supported en
okr.pdfurl http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/11/21/000016406_20061121153559/Rendered/PDF/wps4072.pdf en
okr.topic Economic Theory and Research
okr.topic Environmental Economics and Policies
okr.topic Education :: Education for the Knowledge Economy
okr.topic Education for Development (superceded)
okr.topic Livestock and Animal Husbandry
okr.topic Environment
okr.topic Macroeconomics and Economic Growth
okr.topic Agriculture
okr.unit Development Research Group (DECRG)
okr.volume 1 of 1
relation.isSeriesOfPublication 26e071dc-b0bf-409c-b982-df2970295c87
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