Image for TU games (Transferable Utility games)

TU games (Transferable Utility games)

Transferable Utility (TU) games are a type of cooperative game in which the total utility or benefit generated by a group of players can be freely distributed among them. Players can negotiate or form coalitions, sharing the total benefits in ways that can enhance their own individual outcomes. The focus is on how these benefits can be allocated fairly, considering the contributions of each player. TU games are often used in scenarios like bargaining, resource allocation, and collaborative projects, allowing for flexible agreements based on mutual gain.