A Characterization of the Shapley Value for Cooperative Games

Motivated by a case of discrimination against some particular players happened in the real world, we define the partially consistent property of the solutions for cooperative games and use the property to characterize the Shapley value. This is different from the characterization of the Shapley value by applying the consistency property proposed by Hart and Mas-Colell.

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Year of publication:	2009-03-30
Authors:	Hsiao, Chih-Ru ; Chiou, Wen-Lin
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Shapley value \| Reduced Game \| Partialy Consistent

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	C7 - Game Theory and Bargaining Theory
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004961497