On the symmetric and weighted Shapley values (Q1179447)
From MaRDI portal
| This is the item page for this Wikibase entity, intended for internal use and editing purposes. Please use this page instead for the normal view: On the symmetric and weighted Shapley values |
scientific article; zbMATH DE number 24634
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | On the symmetric and weighted Shapley values |
scientific article; zbMATH DE number 24634 |
Statements
On the symmetric and weighted Shapley values (English)
0 references
26 June 1992
0 references
Cooperative games with transferable utilities are considered. As game solution the concept of the Shapley value and its generalizations are adapted. Several differential characterizations of these notions by means of various axioms are known from the scientific literature. The author suggests and studies an axiom of coalitional strategies equivalence (CSE). The CSE axiom means that adding a constant to the worths of all coalitions containing a given coalition \(T\) does not affect the payoffs of the players that do not belong to the coalition \(T\). The axiom is implied by the marginality axiom and also by both dummy and additivity axioms. Thus it gives the possibility to get the following new characterization results. A value satisfies the efficiency, positivity, homogeneity, partnership and the CSE axioms if and only if it is a weighted Shapley value. A value satisfies efficiency, symmetry, CSE if and only if it is the Shapley value. A relation with other characterizations is discussed. Some examples on the influence of various other axioms are given.
0 references
transferable utilities
0 references
Shapley value
0 references
coalitional strategies equivalence
0 references