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We employ a stochastic dynamic programming approach to study decision making by an individual wishing to have an … arranged marriage. First, we show that this individual never opts out of a voluntarily agreed upon marriage. Second, we … demonstrate that our marrying individual uses a reservation utility to determine which marriage proposal to accept. Third, we …
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We employ a stochastic dynamic programming approach to study decision making by an individual wishing to have an … arranged marriage. First, we show that this individual never opts out of a voluntarily agreed upon marriage. Second, we … demonstrate that our marrying individual uses a reservation utility to determine which marriage proposal to accept. Third, we …
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programming and cooperative game theory. While linear programming establishes insight in optimal farm plans for farmers that … cooperate, game theory is used to generate fair divisions of the extra gain that is established by cooperation.The model is … the individual gross margins. To divide these gains, we consider four established solution concepts from game theory that …
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