models of communication and hierarchy restrictions in cooperative games, compare different network structures with each other … illustrate these network structures by applying them to cooperative games with restricted cooperation. …

This chapter studies the theory of value of games with infinitely many players.Games with infinitely many players are …-handed influence. The interactions are modeled as cooperative games with a continuum of players. In general, the continuum consists of … framework for mathematical analysis, and approximates the results for large finite games well. Also, it enables a unified view …

portfolios' realization vectors, risk allocation games aim at solving the second problem: How to distribute the diversification … benefits of the various portfolios? Understanding these cooperative games helps us to find stable, efficient, and fair … allocations of risk. We show that the class of risk allocation and totally balanced games coincide, hence a stable allocation of …

Risk allocation games are cooperative games that are used to attribute the risk of a financial entity to its divisions …. In this paper, we extend the literature on risk allocation games by incorporating liquidity considerations. A liquidity … class of transferable utility games coincides with the class of totally balanced games. It follows from our results that …