Profit sharing method based on weighted Shapley value under government regulation

Research on Profit Distribution of Software Outsourcing Alliances Based on the Improved Shapley Value Model

With the development of software outsourcing industry, there is a growing trend to establish the software outsourcing alliances. Whether alliances’ profit distribution is reasonable affects directly and significantly alliances’ stability. This paper introduces the Shapley value method which is a common profit distribution method applicable to multiple people cooperation. Due to the weakness of ...

Feature Selection Based on the Shapley Value

We present and study the Contribution-Selection algorithm (CSA), a novel algorithm for feature selection. The algorithm is based on the Multiperturbation Shapley Analysis, a framework which relies on game theory to estimate usefulness. The algorithm iteratively estimates the usefulness of features and selects them accordingly, using either forward selection or backward elimination. Empirical co...

Equilibrium unemployment under negotiated profit sharing

We study employment, employee effort, wages and profit sharing when firms face stochastic revenue shocks and when base wages and profit shares are determined through collective bargaining. The negotiated profit share depends positively on the relative bargaining power of the trade union and has effort-enhancing and wage-moderating effects. We show that higher profit sharing reduces equilibrium ...

Steady State Unemployment Under Profit Sharing

Profit-Sharing Regulation: An Economic Appraisal

The stock market, take-over bidders, executive pay setters, perhaps Stephen Littlechild himself, even last summer’s weather, all seem to have been undermining RPI–X price-cap regulation. Until recently, price-cap regulation was regarded as demonstrably superior to US-style rate-of-return regulation, and regulatory reform in several countries has embraced price-cap regulation. But in Britain, wh...