Role of satisfaction in resource accumulation and profit allocation: A fuzzy game theoretic model

In this paper, we develop an algorithm for forming fuzzy coalitions by accumulating resources from a finite set of rational agents and allocating profits accordingly under the framework of a fuzzy cooperative game. The underlying assumption is that this process is dynamic in nature and is influenced by the players' satisfactions over both resource accumulation and profit allocations. Our model is based on situations, where possibly one or more players compromise on their resource assignment and payoff allocations in order to make a binding agreement with the others.