Stable Bank Cooperation for Cost Reduction Problem
Stable Bank Cooperation for Cost Reduction Problem
Author(s): Elena Parilina, Artem SedakovSubject(s): Economy
Published by: Univerzita Karlova v Praze - Institut ekonomických studií
Keywords: Coalition structure; stability; cost allocation problem; Shapley value
Summary/Abstract: In the paper we consider a problem of bank cost reduction by joint usage of ATMs. In coalition case, we assume that cooperation may be naturally restricted by a coalition structure. A question of stability of a coalition structure with respect to the Shapley value is investigated. Statements about the configuration of stable coalition structures are proposed. We also consider special cases in which their existence is proved.
Journal: Czech Economic Review
- Issue Year: 8/2014
- Issue No: 01
- Page Range: 7-25
- Page Count: 19
- Language: English