Cooperative game theory provides a robust framework for analysing how rational players can form coalitions and fairly distribute joint payoffs. Traditionally, this field has focused on transferable ...

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 concept ...

Explore how backward induction helps solve game theory problems by working from the end backward to determine optimal actions ...

Low Earth orbit is starting to look less like pristine frontier and more like a crowded shipping lane, with fragments of old ...