Cooperative Game Theory: How to Split the Pie Fairly
Cooperative Game Theory: How to Split the Pie Fairly Three friends start a company together. After five years of hard work, they sell it for $10 million. How should they split the money? Equal shares? ($3.33M each) Proportional to hours worked? Based on who contributed what? What if one person brought the key technology, another the business connections, and the third the execution? Cooperative game theory provides mathematical answers to these questions. ...