Shapley Value for Constant-sum Games

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Abstract

It is proved that Young's 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 and on the entire class of constant-sum games as well. To support an interest to study the class of nonnegative constant-sum games we show that such a game appears under reasonable reconsideration of the initial TU game before applying one or another solution concept.
Original languageEnglish
Place of PublicationEnschede
PublisherUniversity of Twente, Department of Applied Mathematics
Number of pages6
Publication statusPublished - 2002

Publication series

NameMemorandum Faculteit TW
PublisherUniversity of Twente, Department of Applied Mathematics
No.1627
ISSN (Print)0169-2690

Keywords

  • METIS-208510
  • MSC-91A12
  • EWI-3447
  • IR-65814

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