Cooperative game theory provides a robust framework for understanding how individuals or entities may form coalitions to achieve joint benefits. Central to this field is the Shapley value, a ...

“Cooperative game theory, by its very nature, takes a broader view,” said Maskin, adding that another area of economics — behavioral — had demonstrated considerable development but remained “just a ...

Artificial intelligence can evolve into more selfish or cooperative personalities through game theory and large-scale language models ...

Research summary: This article provides the first review of a growing line of scholarly work in strategy that we refer to as "value capture theory." The common thread in this work is its use of ...