Shapley Value


 
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Shapley Value
Albert Akos, Member
Hi,
I have the following exercise and I am not sure about the calculation, if you could help me out, that would be awesome.
Consider the following characteristic function game: N = {1, 2, 3} and v({1}) = 0, v({2}) = 0, v({3}) = 0,
V({1,2}) = 40, v({1,3}) = 0, v({2,3}) = 50, v({1,2,3}) = 50. Find the core and the Shapley value.
Thanks in advance....Sign up 3-6-2019
 

 
What is Shapley Value?
Jaap de Jonge, Editor, Netherlands
The Shapley value is a solution model in cooperative game theory named after Lloyd Shapley, who first introduced and axiomatized it in 19531Sign up 5-6-2019
 

     
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