Hu, Cheng-Cheng; Yang, Yi-You - In: SERIEs - Journal of the Spanish Economic Association 1 (2010) 4, pp. 475-487
An extension of the Shapley value for games in partition function form is proposed in the paper. We introduce a version of the marginal contributions for environments with externalities. The dummy property related to it is defined. We adapt the system of axioms provided by Shapley (A value for...