New Axiomatizations and an Implementation of the Shapley Value

Some new axiomatic characterizations and recursive formulas of the Shapley value are presented. In the results, dual games and the self-duality of the value implicitly play an important role. A set of non-cooperative games which implement the Shapley value on the class of all games is given.

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Year of publication:	2007
Authors:	Kongo, T. ; Funaki, Y. ; Tijs, S.H.
Institutions:	Tilburg University, Center for Economic Research
Subject:	Shapley value \| axiomatization \| implementation

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Extent:	application/pdf
Series:	Discussion Paper.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series CentER Discussion Paper Number 2007-90
Classification:	C71 - Cooperative Games ; C72 - Noncooperative Games
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011091658