Introduction to Cooperative Game Theory

In this video, I cover the basics of Cooperative Game Theory. The main concepts, such as the Core and the Shapley value, are introduced and applied to simple illustrative examples.
The presentation was prepared as part of the “Energy Systems and Technologies” research seminars, Skoltech, February 2020, Moscow.

00:00 My background
04:05 Basic example: the gloves game
06:40 Mathematics of cooperative games
08:46 The Shapley value
12:58 Example: power systems planning
15:41 How to study Game Theory?
16:20 Example: the dinner game
22:09 Example: optimisation with 3 players
23:18 Visualising cooperative games
26:21 Conclusions
27:04 Q&A

Andrey Churkin (Андрей Чуркин) 2020

[platynowa]

So many slides for self introduction is just rude, and the only fair split is proportional to investment - 1 dollar was a third of the initial investment, and 2 dollar glove was two thirds of the initial investment. Therefore, you get 3.33 dollars and 6.66 dollars split.