### Abstract

Original language | English |
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Place of Publication | Tilburg |

Publisher | Operations research |

Number of pages | 26 |

Volume | 2002-15 |

Publication status | Published - 2002 |

### Publication series

Name | CentER Discussion Paper |
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Volume | 2002-15 |

### Fingerprint

### Keywords

- game theory
- projects

### Cite this

*Cooperation by Asymmetric Agents in a Joint Project*. (CentER Discussion Paper; Vol. 2002-15). Tilburg: Operations research.

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**Cooperation by Asymmetric Agents in a Joint Project.** / Brânzei, R.; Inarra, E.; Tijs, S.H.; Zarzuelo, J.

Research output: Working paper › Discussion paper › Other research output

TY - UNPB

T1 - Cooperation by Asymmetric Agents in a Joint Project

AU - Brânzei, R.

AU - Inarra, E.

AU - Tijs, S.H.

AU - Zarzuelo, J.

N1 - Pagination: 26

PY - 2002

Y1 - 2002

N2 - The object of study is cooperation in joint projects, where agents may have different desired sophistication levels for the project, and where some of the agents may have low budgets.In this context questions concerning the optimal realizable sophistication level and the distribution of the related costs among the participants are tackled.A related cooperative game, the enterprise game, and a non-cooperative game, the contribution game, are both helpful.It turns out that there is an interesting relation between the core of the convex enterprise game and the set of strong Nash equilibria of the contribution game.Special attention is paid to a rule inspired by the airport landing fee literature.For this rule the project is split up in a sequence of subprojects where the involved participants pay amounts which are, roughly speaking, equal, but not more than their budgets allow.The resulting payoff distribution turns out to be a core element of the related contribution game.

AB - The object of study is cooperation in joint projects, where agents may have different desired sophistication levels for the project, and where some of the agents may have low budgets.In this context questions concerning the optimal realizable sophistication level and the distribution of the related costs among the participants are tackled.A related cooperative game, the enterprise game, and a non-cooperative game, the contribution game, are both helpful.It turns out that there is an interesting relation between the core of the convex enterprise game and the set of strong Nash equilibria of the contribution game.Special attention is paid to a rule inspired by the airport landing fee literature.For this rule the project is split up in a sequence of subprojects where the involved participants pay amounts which are, roughly speaking, equal, but not more than their budgets allow.The resulting payoff distribution turns out to be a core element of the related contribution game.

KW - game theory

KW - projects

M3 - Discussion paper

VL - 2002-15

T3 - CentER Discussion Paper

BT - Cooperation by Asymmetric Agents in a Joint Project

PB - Operations research

CY - Tilburg

ER -