The Shapley Value in the Knaster Gain Game

Autor: Briata, Federica, Dall'Aglio, Andrea, Dall'Aglio, Marco, Fragnelli, Vito
Rok vydání: 2016
Předmět:
Druh dokumentu: Working Paper
DOI: 10.1007/s10479-017-2651-8
Popis: In Briata, Dall'Aglio and Fragnelli (2012), the authors introduce a cooperative game with transferable utility for allocating the gain of a collusion among completely risk-averse agents involved in the fair division procedure introduced by Knaster (1946). In this paper we analyze the Shapley value (Shapley, 1953) of the game and propose its use as a measure of the players' attitude towards collusion. Furthermore, we relate the sign of the Shapley value with the ranking order of the players' evaluation, and show that some players in a given ranking will always deter collusion. Finally, we characterize the coalitions that maximize the gain from collusion, and suggest an ad-hoc coalition formation mechanism.
Comment: 20 pages, 1 table. This new version corrects some mistakes and improves the layout
Databáze: arXiv