TY - JOUR
T1 - The Shapley value for the probability game
AU - Hou, Dongshuang
AU - Xu, Genjiu
AU - Sun, Panfei
AU - Driessen, Theo
PY - 2018/7
Y1 - 2018/7
N2 - The main goal of this paper is to introduce the probability game. On one hand, we analyze the Shapley value by providing an axiomatic characterization. We propose the so-called independent fairness property, meaning that for any two players, the player with larger individual value gets a larger portion of the total benefit. On the other, we use the Shapley value for studying the profitability of merging two agents.
AB - The main goal of this paper is to introduce the probability game. On one hand, we analyze the Shapley value by providing an axiomatic characterization. We propose the so-called independent fairness property, meaning that for any two players, the player with larger individual value gets a larger portion of the total benefit. On the other, we use the Shapley value for studying the profitability of merging two agents.
KW - Independent fairness property
KW - Probability game
KW - Shapley value
UR - http://www.scopus.com/inward/record.url?scp=85048810957&partnerID=8YFLogxK
U2 - 10.1016/j.orl.2018.06.004
DO - 10.1016/j.orl.2018.06.004
M3 - Article
AN - SCOPUS:85048810957
VL - 46
SP - 457
EP - 461
JO - Operations research letters
JF - Operations research letters
SN - 0167-6377
IS - 4
ER -