A Simple Expression for the Shapley Value in a Special Case
We present a simple and easily calculated expression for the Shapley value whenever the characteristic function is a "cost" function with the property that the cost of any subset of players is equal to the cost of the "largest" player in that subset. It turns out that a simple rule previously proposed for calculating airport landing charges generates precisely the Shapley value for an appropriately defined game.
Volume (Year): 20 (1973)
Issue (Month): 3 (November)
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