Ben McQuillin

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The Shapley value assigns, to each game that is adequately represented by its characteristic function, an outcome for each player. An elaboration on the Shapley value that assigns, to characteristic function games, a “partition function”outcome is broadly established and accepted, but elaborations to encompass games with externalities (represented by(More)
We propose a new type of cooperative game a game in transition function (TF) form as a means of representing social decision making procedures that is suitable for the analysis of rights. The TF form is a generalisation of the effectivity function (EF) form, and in particular it tells us (where the EF form does not) about the alienability of a right. We(More)
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