The Shapley value for arbitrary families of coalitions
AbstractWe address the problem of finding a suitable definition of a value similar to that of Shapley's, when the games are defined on a subfamily of coalitions with no structure. We present two frameworks: one based on the familiar efficiency, linearity and null player axioms, and the other on linearity and the behavior on unanimity games. We give several properties and examples in each case, and give necessary and sufficient conditions on the family of coalitions for the approaches to coincide.
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Bibliographic InfoArticle provided by Elsevier in its journal European Journal of Operational Research.
Volume (Year): 204 (2010)
Issue (Month): 1 (July)
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Web page: http://www.elsevier.com/locate/eor
Game theory Cooperative game Shapley value;
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- Selcuk, O. & Talman, A.J.J., 2013. "Games With General Coalitional Structure," Discussion Paper 2013-002, Tilburg University, Center for Economic Research.
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