An ordinal shapley value for economic environments - Search Results

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Research literature, 2 records found

Research literature	2 records found

36 p, 365.4 KB

An ordinal shapley value for economic environments / Pérez-Castrillo, David ; Wettstein, David ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
We propose a new solution concept to address the problem of sharing a surplus among the agents generating it. The sharing problem is formulated in the preferences-endowments space. The solution is defined in a recursive manner incorporating notions of consistency and fairness and relying on properties satisfied by the Shapley value for Transferable Utility (TU) games. [...]
2006 (Working papers ; 560.03) - DOI (Digital Object Identifier)

32 p, 337.3 KB

An ordinal shapley value for economic environments (Revised version) / Pérez-Castrillo, David ; Wettstein, David ; Universitat Autònoma de Barcelona. Unitat de Fonaments de l'Anàlisi Econòmica ; Institut d'Anàlisi Econòmica
We propose a new solution concept to address the problem of sharing a surplus among the agents generating it. The problem is formulated in the preferences-endowments space. The solution is defined recursively, incorporating notions of consistency and fairness and relying on properties satisfied by the Shapley value for Transferable Utility (TU) games. [...]
2006 (Working papers ; 634.04)

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