Applications of game theory in bankruptcy game
Bankruptcy is a problem that can happen to anybody. It occurs when the total amount of debt to be paid is larger than the total amount of asset. The question is how to divide the asset to different creditors fairly. The main objective of this thesis was to solve the remaining asset division for a co...
Saved in:
| Main Author: | |
|---|---|
| Format: | Thesis |
| Published: |
2013
|
| Subjects: | |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| id |
my-utm-ep.41789 |
|---|---|
| record_format |
uketd_dc |
| spelling |
my-utm-ep.417892020-07-05T01:31:58Z Applications of game theory in bankruptcy game 2013 Haidzir, Hanisah QA Mathematics Bankruptcy is a problem that can happen to anybody. It occurs when the total amount of debt to be paid is larger than the total amount of asset. The question is how to divide the asset to different creditors fairly. The main objective of this thesis was to solve the remaining asset division for a company that went bankrupt. There were three methods being used to solve the division of the asset and the methods were Talmud division, Shapley value and the Nucleolus. By using 3-agents and 4-agents cooperative games, we compared all three methods to determine which methods are favourable to the creditors. 2013 Thesis http://eprints.utm.my/id/eprint/41789/ http://dms.library.utm.my:8080/vital/access/manager/Repository/vital:76093?queryType=vitalDismax&query=Applications+of+game+theory+in+bankruptcy+game&public=true masters Universiti Teknologi Malaysia, Faculty of Science Faculty of Science |
| institution |
Universiti Teknologi Malaysia |
| collection |
UTM Institutional Repository |
| topic |
QA Mathematics |
| spellingShingle |
QA Mathematics Haidzir, Hanisah Applications of game theory in bankruptcy game |
| description |
Bankruptcy is a problem that can happen to anybody. It occurs when the total amount of debt to be paid is larger than the total amount of asset. The question is how to divide the asset to different creditors fairly. The main objective of this thesis was to solve the remaining asset division for a company that went bankrupt. There were three methods being used to solve the division of the asset and the methods were Talmud division, Shapley value and the Nucleolus. By using 3-agents and 4-agents cooperative games, we compared all three methods to determine which methods are favourable to the creditors. |
| format |
Thesis |
| qualification_level |
Master's degree |
| author |
Haidzir, Hanisah |
| author_facet |
Haidzir, Hanisah |
| author_sort |
Haidzir, Hanisah |
| title |
Applications of game theory in bankruptcy game |
| title_short |
Applications of game theory in bankruptcy game |
| title_full |
Applications of game theory in bankruptcy game |
| title_fullStr |
Applications of game theory in bankruptcy game |
| title_full_unstemmed |
Applications of game theory in bankruptcy game |
| title_sort |
applications of game theory in bankruptcy game |
| granting_institution |
Universiti Teknologi Malaysia, Faculty of Science |
| granting_department |
Faculty of Science |
| publishDate |
2013 |
| _version_ |
1747816618525720576 |