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A characterization of the Shapley value in queueing problems

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  • MANIQUET, François

Abstract

A set of agents stand to receive a service. No two agents can be served simultaneously. A Queue has been organized, and agents having to wait should receive monetary compensations. We characterize the rule assigning positions in the queue and compensations corresponding to the payoffs recommended by the Shapley value of the associated cooperative game.
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Suggested Citation

  • MANIQUET, François, 2003. "A characterization of the Shapley value in queueing problems," LIDAM Reprints CORE 1662, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvrp:1662
    DOI: 10.1016/S0022-0531(02)00036-4
    Note: In : Journal of Economic Theory, 109, 90-103, 2003
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    1. John E. Roemer, 1986. "Equality of Resources Implies Equality of Welfare," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 101(4), pages 751-784.
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    More about this item

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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