In an article like this, it might help to say what the terms “cooperative game theory” and “non-cooperative game theory” mean—or at least provide a reference. These are esoteric technical terms with a counter-intuitive meaning.
I assume that the reader is already familiar with “non-cooperative game theory”. It’s what everyone already knows, usually just by the name “game theory”. The typical definition of “cooperative game theory” isn’t very helpful for understanding the difference between the two, which is why I’m providing an example instead.
But here’s Wikipedia’s definition of “cooperative game”:
A cooperative game is a game where groups of players (“coalitions”) may enforce cooperative behaviour, hence the game is a competition between coalitions of players, rather than between individual players. An example is a coordination game, when players choose the strategies by a consensus decision-making process.
The example given here gives me the impressions that ‘cooperative game theory’ is just non-cooperative game theory where each agent is a coalition rather than an individual. Unless this is the intended meaning I suggest the definition is misleading.
In an article like this, it might help to say what the terms “cooperative game theory” and “non-cooperative game theory” mean—or at least provide a reference. These are esoteric technical terms with a counter-intuitive meaning.
I assume that the reader is already familiar with “non-cooperative game theory”. It’s what everyone already knows, usually just by the name “game theory”. The typical definition of “cooperative game theory” isn’t very helpful for understanding the difference between the two, which is why I’m providing an example instead.
But here’s Wikipedia’s definition of “cooperative game”:
A single example alone doesn’t usually do much to deliniate the set it is part of.
If I show you something from my bag, that doesn’t give you much of a clue what else is in it.
The example given here gives me the impressions that ‘cooperative game theory’ is just non-cooperative game theory where each agent is a coalition rather than an individual. Unless this is the intended meaning I suggest the definition is misleading.