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New Axiomatizations and an Implementation of the Shapley Value

By T. Kongo, Y. Funaki and S.H. Tijs

Abstract

Some new axiomatic characterizations and recursive formulas of the Shapley value are presented. In the results, dual games and the self-duality of the value implicitly play an important role. A set of non-cooperative games which implement the Shapley value on the class of all games is given.

Publisher: Operations research
Year: 2007
OAI identifier: oai:wo.uvt.nl:327157
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