Theorems of cooperative games

Theorems of cooperative games focus on how groups can work together to achieve better outcomes than they could individually. Key concepts include the Shapley Value, which fairly distributes gains based on each person's contribution, and the Core, representing stable agreements where no group member has an incentive to break away. These theorems help analyze situations where collaboration leads to improved results, such as in business partnerships or collective decision-making, ensuring that all participants find value in their cooperation.