Logo
Munich Personal RePEc Archive

Disjointly productive players and the Shapley value

Besner, Manfred (2021): Disjointly productive players and the Shapley value.

[thumbnail of MPRA_paper_108240.pdf] PDF
MPRA_paper_108240.pdf

Download (344kB)

Abstract

Central to this study is the concept of disjointly productive players. Two players are disjointly productive if there is no synergy effect if one of these players joins a coalition containing the other. Our first new axiom states that the payoff to a player does not change when another player, disjointly productive with that player, is removed from the game. The second new axiom means that if we merge two disjointly productive players into a new player, the payoff to a third player in a game with the merged player does not change. These two axioms, along with efficiency, characterize the Shapley value and can lead to improved run times for computing the Shapley value in games with some disjointly productive players.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.