Lemaire, Jean2023-05-222023-05-221991-04-012017-10-13https://repository.upenn.edu/handle/20.500.14332/5198This survey paper presents the basic concepts of cooperative game theory, at an elementary level. Five examples, including three insurance applications, are progressively developed throughout the paper. The characteristic function, the core, the stable sets, the Shapley value, the Nash and Kalai-Smorodinsky solutions are defined and computed for the different examples.This article has been published in a revised form in ASTIN Bulletin: The Journal of the IAA (http://dx.doi.org/10.2143/AST.21.1.2005399). This version is free to view and download for private research and study only. Not for re-distribution, re-sale or use in derivative works. © Cambridge University Press.BusinessEconomicsPublic Affairs, Public Policy and Public AdministrationCooperative Game Theory and its Insurance ApplicationsArticle