The Shapley value Essays in honor of

  title={The Shapley value Essays in honor of},
  author={Lloyd S. Shapley},
Shapley's combinatorial representation of the Shapley value is embodied in a formula that gives each player his expected marginal contribution to the set of players that precede him, where the expectation is taken with respect to the uniform distribution over the set of all orders of the players. We obtain alternative combinatorial representations that are based on allocating to each player the average relative payoff of coalitions that contain him, where one averages first over the sets of… CONTINUE READING
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