This paper focuses on the subclass of cooperative games with stochastic payoffs in which the preferences of the agents are such that a stochastic payoff can be represented by a deterministic equivalent.To each game within this class one can associate a game with deterministic payoffs.It is shown that the core of such a cooperative game with stochastic payoffs is nonempty if and only if the core of the associated game is nonempty.
|Place of Publication||Tilburg|
|Number of pages||14|
|Publication status||Published - 1996|
|Name||FEW Research Memorandum|
- Stochastic Processes
- Cooperative Games