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Shapley Value

Citation:

Hart, S. . (2006). Shapley Value. Discussion Papers. presented at the 5, The New Palgrave: A Dictionary of Economics, John Eatwell, Murray Milgate and Peter Newman (editors), Macmillan Press (1987), Vol. 4, 318-320 Game Theory, John Eatwell, Murray Milgate and Peter Newman (editors), Macmillan Press (1989), 210-216. Retrieved from http://www.ma.huji.ac.il/hart/abs/val-palg2.html

Abstract:

The Shapley value is an a priori evaluation of the prospects of a player in a multi-person game. Introduced by Lloyd S. Shapley in 1953, it has become a central solution concept in cooperative game theory. The Shapley value has been applied to economic, political, and other models.

Publisher's Version

Last updated on 01/11/2023