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A Note On The Computation Of The Shapley Value For Von Neumann–Morgenstern Market Games

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  • VITO FRAGNELLI

    ()
    (Department of Advanced Sciences and Technologies, University of Eastern Piedmont, Viale T. Michel, 11, Alessandria, 15121, Italy)

  • ANA MECA

    ()
    (Operations Research Center and Department of Statistics, Mathematics and Computer Sciences, University Miguel Hernandez of Elche, Edificio Torretamarit, Avda. de la Universidad, Elche, 03202, Spain)

Abstract

We consider a von Neumann–Morgenstern market game and present a simple expression for the Shapley value via decomposition as the difference of an airport game and an extended airport game. The resulting formula has a useful interpretation for designing an allocation procedure among the agents.

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Bibliographic Info

Article provided by World Scientific Publishing Co. Pte. Ltd. in its journal International Game Theory Review.

Volume (Year): 12 (2010)
Issue (Month): 03 ()
Pages: 287-291

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Handle: RePEc:wsi:igtrxx:v:12:y:2010:i:03:p:287-291

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Keywords: Shapley value; market games; airport games; extended airport games; 91A12;

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