Young’s axiomatization of the Shapley value: a new proof
نویسندگان
چکیده
منابع مشابه
Young's axiomatization of the Shapley value: a new proof
We consider Young (1985)'s characterization of the Shapley value, and give a new proof of this axiomatization. Moreover, as applications of the new proof, we show that Young (1985)'s axiomatization of the Shapley value works on various well-known subclasses of TU games.
متن کاملYoung's axiomatization of the Shapley value - a new proof -- full version
We examine the characterization of the Shapley value that was introduced by Young and refined later by Neyman. A new proof of this axioma-tization is given and as an illustration of the new proof it is demonstrated that the axioms under consideration characterize the Shapley value on various well-known classes of T U games.
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The Shapley value, one of the most widespread concepts in Operations Research applications of cooperative game theory, was defined and axiomatically characterized in different game-theoretic models. Recently much research work has been done in order to extend OR models and methods, in particular cooperative game theory, for situations with interval data. This paper focuses on the Shapley value ...
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This paper is a revised version of TI-discussion paper 8-95-249, \ An axiomatization of the Shapley value using component eeciency and fairness". I would like to thank Gerard van der Laan and Eric van Damme for useful remarks on a previous draft of this paper. Financial support from the Netherlands organization for scientiic research (NWO) ESR-grant 510-01-0504 is gratefully acknowledged. Abstr...
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ژورنال
عنوان ژورنال: Annals of Operations Research
سال: 2015
ISSN: 0254-5330,1572-9338
DOI: 10.1007/s10479-015-1859-8