2015
DOI: 10.5815/ijmecs.2015.08.01
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Shapley's Axiomatics for Lexicographic Cooperative Games

Abstract: In classical cooperative game theory one of the most important principle is defined by Shapley with three axioms common payoff fair distribution's Shapley value (or Shapley vector). In the last decade the field of its usage has been spread widely. At this period of time Shapley value is used in network and social systems. Naturally, the question is if it is possible to use Shapley's classical axiomatics for lexicographic cooperative games.

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“…Cooperative and non-cooperative game theories are types of game theory where the classification is based on the modeling concept employed [15,16]. Both the theories have the following general components:…”
Section: Introductionmentioning
confidence: 99%
“…Cooperative and non-cooperative game theories are types of game theory where the classification is based on the modeling concept employed [15,16]. Both the theories have the following general components:…”
Section: Introductionmentioning
confidence: 99%