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Consistency, weak fairness, and the Shapley value

Authors: Pedro Calleja; Francesc Llerena;

Consistency, weak fairness, and the Shapley value

Abstract

The Shapley value (Shapley, 1953) has been axiomatically characterized from different points of view. van den Brink (2001) proposes a characterization by means of efficiency, fairness and the null player property. In this paper, we characterize the family of single-valued solutions obtained by relaxing fairness into weak fairness. To point out the Shapley value, we impose the additional axiom of weak self consistency and strengthen the null player property into the dummy player property. Remarkably, impossibility results emerge when replacing self consistency by a large set of consistency properties.

Country
Spain
Keywords

Equitat (Dret), consistency, weak fairness, Teoria de l'estimació, Equity, Teoria de jocs, Cooperative games, Eficàcia organitzativa, Organizational effectiveness, Shapley value, Estimation theory, Game theory

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
views
OpenAIRE UsageCountsViews provided by UsageCounts
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6
Top 10%
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58
95
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