Monotonicity and dummy free property for multi-choice cooperative games (Q1202570): Difference between revisions

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Property / author: Thirukkannamangai E. S. Raghavan / rank
 
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Property / cites work: On the uniqueness of the Shapley value / rank
 
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Latest revision as of 13:23, 17 May 2024

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Monotonicity and dummy free property for multi-choice cooperative games
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    Monotonicity and dummy free property for multi-choice cooperative games (English)
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    14 February 1993
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    The Shapley value for multi-choice cooperative games is an extension of the traditional symmetric Shapely value. If we restrict each player in a multichoice game to have only one action which is not dummy, then we can see that the extended Shapley value is also an extension of the weighted Shapley value. The authors showed that the extended Shapley value has both monotonicity and dummy free properties. Any solution without these two properties is unreasonable. Furthermore, dummy free property is a special case of independence of non-essential players. Recently, we have shown that the extended Shapley value is independent of non-essential players [`Shapley value for multichoice cooperative games', J. Game Theory Econ. Behav., to appear].
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    Shapley value
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    multi-choice cooperative games
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    monotonicity
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    dummy free properties
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    independence of non-essential players
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