Pintér, Miklós (2015) Young's axiomatization of the Shapley value - a new proof. Working Paper. Corvinus University of Budapest Faculty of Economics.
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Abstract
We give a new proof of Young's characterization of the Shapley value. Moreover, as applications of the new proof, we show that Young's axiomatization of the Shapley value is valid on various well-known subclasses of TU games.
| Item Type: | Monograph (Working Paper) |
|---|---|
| Series Name: | Corvinus Economics Working Papers - CEWP |
| Series Number / Identification Number: | 2015/07 |
| Uncontrolled Keywords: | TU games, Shapley value, Young's axiomatization |
| JEL classification: | C71 - Cooperative Games |
| Divisions: | Faculty of Economics > Department of Mathematics |
| Subjects: | Mathematics, Econometrics |
| Funders: | János Bolyai Research Scholarship of the Hungarian Academy of Sciences |
| Projects: | OTKA, MTA-BCE "Lendület" Strategic Interactions Research Group |
| References: | |
| ID Code: | 1891 |
| Deposited By: | Ádám Hoffmann |
| Deposited On: | 10 Apr 2015 13:47 |
| Last Modified: | 10 Apr 2015 13:47 |
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