E Cheng-Guo, Quan‐Lin Li, Shiyong Li
Abstract
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We consider stochastic cooperative game and give it the definition of the Owen value, which is obtained by extending the classical case. Then we provide explicit expression for the Owen value of the stochastic cooperative game and discuss its existence and uniqueness.
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We consider stochastic cooperative game and give it the definition of the Owen value, which is obtained by extending the classical case. Then we provide explicit expression for the Owen value of the stochastic cooperative game and discuss its existence and uniqueness.
Key concepts: Uniqueness, Mathematical economics, Value (mathematics), Computer science, Expression (computer science), Game theory, Mathematics, Mathematical analysis