Cooperative Game Models

Cooperative game models are a way to study how groups can work together to achieve common goals and share benefits fairly. Unlike competitive games, where individuals aim to outdo each other, cooperative games focus on collaboration. Participants form coalitions or partnerships, and the models help analyze how resources or rewards are distributed among them. Concepts such as the Shapley value illustrate how to fairly allocate gains based on each player’s contribution. This approach is widely used in economics, political science, and business to understand teamwork and negotiation dynamics.