Optimal tendering system for stochastic cooperative games with imperfect information

Abstract

The topic of this paper is how best to get a project made by different parties in the general case when the project may require cooperation and there can be chance events in the decision trees of the participants. We consider the tendering strategy of the issuer by which he maximizes his minimum possible payoff, and we will show that it makes each participant interested in the same as the total interest, and this way the issuer gets the maximum possible payoff.

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Cite this paper

@inproceedings{Cska2007OptimalTS, title={Optimal tendering system for stochastic cooperative games with imperfect information}, author={Endre Cs{\'o}ka}, year={2007} }