Values on regular games under Kirchhoff's laws
The Shapley value is a central notion defining a rational way to share the total worth of a cooperative game among players. We address a general framework leading to applications to games with communication graphs, where the feasible coalitions form a poset whose all maximal chains have the same length. Considering a new way to define the symmetry among players, we propose an axiomatization of the Shapley value of these games. Borrowing ideas from electric networks theory, we show that our symmetry axiom and the efficiency axiom correspond to the two Kirchhoff's laws in the circuit associated to the Hasse diagram of feasible coalitions.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Pradeep Dubey & Abraham Neyman & Robert James Weber, 1981.
"Value Theory Without Efficiency,"
Mathematics of Operations Research,
INFORMS, vol. 6(1), pages 122-128, February.
- Pradeep Dubey & Abraham Neyman & Robert J. Weber, 1979. "Value Theory without Efficiency," Cowles Foundation Discussion Papers 513, Cowles Foundation for Research in Economics, Yale University.
- Robert J. Weber, 1977. "Probabilistic Values for Games," Cowles Foundation Discussion Papers 471R, Cowles Foundation for Research in Economics, Yale University.
- Pradeep Dubey & Robert J. Weber, 1977. "Probabilistic Values for Games," Cowles Foundation Discussion Papers 471, Cowles Foundation for Research in Economics, Yale University.
- Hwang, Yan-An & Liao, Yu-Hsien, 2008. "Potential approach and characterizations of a Shapley value in multi-choice games," Mathematical Social Sciences, Elsevier, vol. 56(3), pages 321-335, November.
- Faigle, U & Kern, W, 1992. "The Shapley Value for Cooperative Games under Precedence Constraints," International Journal of Game Theory, Springer;Game Theory Society, vol. 21(3), pages 249-266.
- Michel Grabisch & Fabien Lange, 2007. "Games on lattices, multichoice games and the shapley value: a new approach," Mathematical Methods of Operations Research, Springer;Gesellschaft für Operations Research (GOR);Nederlands Genootschap voor Besliskunde (NGB), vol. 65(1), pages 153-167, February.
- Michel Grabisch & Fabien Lange, 2007. "Games on lattices, multichoice games and the Shapley value: a new approach," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00178916, HAL.
- Calvo, Emilio & Lasaga, Javier & van den Nouweland, Anne, 1999. "Values of games with probabilistic graphs," Mathematical Social Sciences, Elsevier, vol. 37(1), pages 79-95, January. Full references (including those not matched with items on IDEAS)