An ordinal Shapley value for economic environments |
| |
Authors: | David Pé rez-Castrillo |
| |
Affiliation: | a Department of Economics and CODE, Universitat Autònoma de Barcelona, Edificio B, 08193 Bellatera, Barcelona, Spain b Department of Economics, Ben-Gurion University of the Negev, Monaster Center for Economic Research, Beer-Sheva 84105, Israel |
| |
Abstract: | We propose a new solution concept to address the problem of sharing a surplus among the agents generating it. The problem is formulated in the preferences-endowments space. The solution is defined recursively, incorporating notions of consistency and fairness and relying on properties satisfied by the Shapley value for transferable utility (TU) games. We show a solution exists, and call it the ordinal Shapley value (OSV). We characterize the OSV using the notion of coalitional dividends, and furthermore show it is monotone and anonymous. |
| |
Keywords: | C72 D50 D63 |
本文献已被 ScienceDirect 等数据库收录! |
|