Membership separability: A new axiomatization of the Shapley value

B-Tier
Journal: Games and Economic Behavior
Year: 2018
Volume: 108
Issue: C
Pages: 125-129

Score contribution per author:

2.018 = (α=2.02 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The paper shows that Shapley's axiomatic characterization of his value can be strengthened considerably. Indeed, his additivity axiom can be replaced by a simple accounting property whereby a player's payoff is the difference of a reward based on the worth of coalitions to which she belongs, and a tax based on the worth of coalition to which she does not belong, without placing any restriction whatsoever on the functional relationship between the reward or the tax and the worths that determine them.

Technical Details

RePEc Handle
repec:eee:gamebe:v:108:y:2018:i:c:p:125-129
Journal Field
Theory
Author Count
1
Added to Database
2026-01-25