The Shapley value as the maximizer of expected Nash welfare
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References listed on IDEAS
- Evans, Robert A., 1996. "Value, Consistency, and Random Coalition Formation," Games and Economic Behavior, Elsevier, vol. 12(1), pages 68-80, January.
- Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April.
- Ruiz, Luis M. & Valenciano, Federico & Zarzuelo, Jose M., 1998. "The Family of Least Square Values for Transferable Utility Games," Games and Economic Behavior, Elsevier, vol. 24(1-2), pages 109-130, July.
More about this item
KeywordsShapley value; Nash bargaining solution; Maximizing expected Nash welfare; C71; C78;
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
- C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
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