Abstract
It is proved that Young’s [4] axiomatization for the Shapley value by marginalism, efficiency, and symmetry is still valid for the Shapley value defined on the class of nonnegative constant-sum games with nonzero worth of grand coalition and on the entire class of constant-sum games as well.
Original language | English |
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Pages (from-to) | 223-227 |
Number of pages | 5 |
Journal | International journal of game theory |
Volume | 32 |
Issue number | 2 |
DOIs | |
Publication status | Published - 2003 |
Keywords
- MSC-91A12
- Cooperative TU game
- Value
- Axiomatic characterization
- Shapley value