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Meaning of cooperative game | Babel Free

Noun CEFR B2

Definitions

Informally, a game formalized using a function (called the characteristic function) that assigns to each coalition of players a real number representing the payoff that the coalition can gain if it is formed, without specifying how the outcome is divided among the participants of the coalition; upon the execution of the game, each player can be a member of at most one coalition.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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