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The Shapley value, the Proper Shapley value, and sharing rules for cooperative ventures

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985998%3A_____%2F20%3A00532808" target="_blank" >RIV/67985998:_____/20:00532808 - isvavai.cz</a>

  • Alternative codes found

    RIV/00216208:11320/20:10421895

  • Result on the web

    <a href="https://doi.org/10.1016/j.orl.2019.11.003" target="_blank" >https://doi.org/10.1016/j.orl.2019.11.003</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.1016/j.orl.2019.11.003" target="_blank" >10.1016/j.orl.2019.11.003</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    The Shapley value, the Proper Shapley value, and sharing rules for cooperative ventures

  • Original language description

    In this note, we discuss two solutions for cooperative transferable utility games, namely the Shapley value and the Proper Shapley value. We characterize positive Proper Shapley values by affine invariance and by an axiom that requires proportional allocation of the surplus according to the individual singleton worths in generalized joint venture games. As a counterpart, we show that affine invariance and an axiom that requires equal allocation of the surplus in generalized joint venture games characterize the Shapley value.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database

  • CEP classification

  • OECD FORD branch

    50201 - Economic Theory

Result continuities

  • Project

    <a href="/en/project/GA17-19672S" target="_blank" >GA17-19672S: On Informational Aspects in Games</a><br>

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2020

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    Operations Research Letters

  • ISSN

    0167-6377

  • e-ISSN

  • Volume of the periodical

    48

  • Issue of the periodical within the volume

    1

  • Country of publishing house

    NL - THE KINGDOM OF THE NETHERLANDS

  • Number of pages

    6

  • Pages from-to

    55-60

  • UT code for WoS article

    000512484300010

  • EID of the result in the Scopus database

    2-s2.0-85075913387